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General

Orange maintains cash flow outlook as Q3 EBITDA down 7.7%

Wednesday 23 October 2013 | 08:54 CET | News
Orange has maintained its full-year outlook after reporting a continued drop in its third-quarter results. Revenues were down 5.5 percent year-on-year to EUR 10.162 billion, despite improving customer growth in its key markets France, Spain and Poland. On a comparable basis and excluding regulatory effects, sales were down 2.4 percent, with France falling 4.9 percent, Poland down 2.6 percent, Spain growing 6.9 percent and the rest of the world up 1.3 percent. Adjusted EBITDA declined 7.7 percent to EUR 3.366 billion, and the margin fell to 33.1 percent from 33.9 a year ago. Capex increased

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