Proximus Q2 FY26 net income drops 12.3% to EUR 154 million; underlying EBITDA falls 3% to EUR 470 million

• Proximus posted Q2 2026 net income attributable to shareholders of EUR 154 million, down 12.3% year-on-year.
• Underlying revenue edged down 0.1% year-on-year to EUR 1.53 billion; underlying EBITDA fell 3% to EUR 470 million.
• Domestic underlying revenue rose 1.1% to EUR 1.19 billion; Global revenue slipped 3.9% to EUR 353 million.
• Organic free cash flow turned negative to EUR -43 million from EUR 31 million a year earlier; H1 accrued CapEx rose 8% to EUR 585 million.
• Management reiterated FY 2026 organic free cash flow around EUR 50 million, narrowing Global EBITDA guidance to EUR 110 million-EUR 120 million.

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