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Proximus has to work for three years to regain last year’s profit

The Belgian activities of telecom operator Proximus will not reach the profit of 2022 again until 2025. The shareholder has to make do with a halved dividend. ‘In the current uncertain times you want to maintain a healthy balance’, says CEO Guillaume Boutin.

Proximus cuts its dividend more sharply than expected, but formulates profit targets that are higher than what analysts expect. In the domestic market, gross profit should return to the same level in 2025…

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