Brussels, 5 February 2009 - Mobistar announced its results for the 2008 financial year today. The results of the operator exceeded its forecasts in terms of turnover, EBITDA telephony margin and net profit per share. The company´s solid financial situation is due to a consistent implementation of its strategy and excellent cost control.
Key facts:
The total customer base of the Mobistar group grew by 7.1 % or 253,872 customers.
The consolidated turnover of Mobistar rose by 1.5 % over one year and performed thus better than the initial forecast.
The good sales results on mobile phones as well as the increase in the voice and data traffic of postpaid customers contributed to the commercial success of the operator.
The EBITDA margin from service revenues reached 41 % and thus exceeded the business targets.
The net profit per share(1) rose by 1.9 % in 2008 and surpasses herewith also the initial forecast.
In 2008, Mobistar invested 159.9 million euro, or more than the initially planned 10 % of the service revenues.
The Mobistar Board of Directors will propose the distribution of an ordinary dividend of 2.9 euro per share and an extraordinary dividend of 1.65 euro per share. The distribution of the dividends will have to be approved by the General Assembly on 6 May 2009.