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General

France Telecom maintains outlook, div, as H1 results fall

Thursday 26 July 2012 | 08:57 CET | News
France Telecom-Orange reported second-quarter revenues down 3.7 percent from a year earlier to EUR 10.92 billion. The company said the sales trend improved in France in Q2, with revenues down just 4.5 percent, while sales in Poland were down 9.9 percent, due in part to forex effects. Sales dropped 6.2 percent in the 'rest of world', while Spain managed growth of 2.4 percent, supported by growth in the ADSL market. EBITDA was down 7.9 percent to EUR 3.57 billion, and the margin fell to 32.7 percent from 34.2 percent a year earlier. Over the first six months of 2012, net profit fell to EUR 1.74

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Categories: General
Companies: France Telecom / Orange
Countries: Africa / Europe / France
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