To enjoy the best reading experience, we invite you to either download the report in pdf format or to browse through the online version.
Your time is precious! That's why we suggest you some reading hints:
- If you only have 1 minute, please look at our key figures and highlights on pages 18-21.
- If you have 5 minutes, discover how we create value for society through our #inspire2022 strategy (pages 22-80).
- If you have 10 minutes, browse through the online version of our report to find out all information related to our financial and non-financial performance.
Financial highlights
Group revenue (Underlying, €M)
Over the full-year 2021, the Proximus Group posted EUR 5,578 million underlying revenue, +1.8% above that of 2020.
More about the group revenue| Year | Total | Domestic | BICS | Telesign | Eliminations |
|---|---|---|---|---|---|
| 2020 | 5,479 | 4,356 | 964 | 273 | -115 |
| 2021 | 5,578 | 4,381 | 999 | 327 | -130 |
Group EBITDA (Underlying, €M)
The underlying Group EBITDA for the year 2021 totaled EUR 1,772 million, down by -3.5% compared to 2020.
More about the group EBITDA| Year | Total | Domestic | Bics | Telesign |
|---|---|---|---|---|
| 2020 | 1,836 | 1,706 | 101 | 30 |
| 2021 | 1,772 | 1,654 | 102 | 17 |
Investments (CAPEX, €M)
Excluding spectrum and football broadcasting rights, the Proximus Group accrued CAPEX over the year 2021 totaled EUR 1,203 million.
More about the Investments| Year | Total | Fiber | Customer related | Other |
|---|---|---|---|---|
| 2020 | 1,000 | 23% | 112 | 655 |
| 2021 | 1,203 | 31% | 119 | 708 |
Free Cash Flow
Proximus Group generated a total Free Cash Flow over the year 2021 of EUR 376 million on normalized basis.
More about free cash flow€ 376M normalized FCF
Group operationals
In 2021, Proximus grew its convergent base by +68,000 customers, up by 6.1%.
More about the group operationals Internet
- + 42K YoY
- + 1.9% YoY
TV
- + 44K YoY
- + 2.6% YoY
Postpaid
- + 387K YoY*
- + 9.1%K YoY*
+ +
Convergent- + 6.1% YoY
- + 68K YoY