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General

Orange confirms dividend as H1 results fall

Thursday 25 July 2013 | 08:45 CET | News
Orange has confirmed it will pay an interim dividend and said it's on track to meet its full-year targets. Of the EUR 0.80 per share in dividends promised for this year, the company will pay EUR 0.30 for the first half. The company achieved 57 percent of its annual targeted operating cash flow in the first half already, with a result down 12.8 percent from a year earlier at EUR 3.96 billion. Orange also maintained its forecast for net debt at about 2.2 times EBITDA by the end of this year, after a result of 2.1 in the first half, and said it had already achieved most of its EUR 600 million in

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