Proximus SA
PROX: XBRU (BEL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^^wS>Ws | LOCK|>$> | LOCK|Y^ |
Proximus Earnings: Domestic Telecom Business Remains on Track While Global Division Keeps Weakening
Proximus’ third quarter resembled what we saw in June. While the domestic telecom business keeps performing well, with EBITDA expected to close up 2% this year, the global division is facing meaningful top-line pressures.
