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General

Orange France posts first revenue drop in two years

Tuesday 30 April 2019 | 10:42 CET | News
Orange France posted revenues of EUR 4.41 billion for the three months to March. The growth trend turned negative for the first time in two years, with a year-on-year fall of 1.8 percent (+0.1% in Q4). The quarter was impacted by the end of the promotional period for the audiobook offer launched on 17 May 2018, which ran to 31 January 2019. This was coupled with a sharper contraction in equipment sales (-6.4% from -3.4% in Q4). Excluding these two elements, revenues suffered a slight drop of 0.2 percent, said the company, as the French market continued to experience an intense promotional

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Categories: General
Companies: Orange France
Countries: France
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