Orange France revenues decline 7% in Q4 2013

Thursday 6 March 2014 | 09:04 CET | News
Orange France's revenue declined 7 percent to EUR 4.95 billion in the fourth quarter of 2013, compared with the year-earlier period, with mobile services down 12.1 percent to EUR 1.98 billion, reflecting the growing impact of cheaper segmented offers, and fixed services down 3.4 percent to EUR 2.65 billion. The group's restated EBITDA declined by 7.9 percent to EUR 608 million in the quarter, as cost savings offset more than half of the downturn in revenue. The EBITDA margin was down by 0.5 percentage points to 35.6 percent. Capex grew by 4.5 percent to EUR 2.83 billion due to significant

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Categories: General
Companies: Orange France
Countries: France
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