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General

Orange comparable sales growth improves to 0.8% in Q3

Tuesday 25 October 2016 | 08:16 CET | News
Update: 25 October 2016 | 09:19 CET
Orange reported third-quarter sales up 0.8 percent on a comparable basis to EUR 10.323 billion, led by growth across most its European markets as well as Africa and Middle East. While revenues in France were still down 0.6 percent and 3.9 percent lower in Poland, the company grew 7.8 percent in Spain, 1.7 percent in Belgium and Luxembourg, 0.8 percent in central Europe and 2.5 percent in MEA. This supported a 1.6 percent increase in adjusted EBITDA to EUR 3.597 billion in the quarter, and the EBITDA margin improved 0.3 percent points year-on-year to 34.9 percent.

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[25/10/2016 09:19- Update: Corrects country revenue figures.]


Categories: General
Companies: Orange
Countries: Africa / Europe
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