Orange maintains outlook as revenue trend improves in Q1

Tuesday 29 April 2014 | 08:51 CET | News
Orange reported improving trends in the first quarter, with the drop in revenues slowing compared to the previous quarter. Revenues were down 4.6 percent year-on-year to EUR 9.80 billion, hurt in part by negative forex effects (-0.6%). On a comparable basis, excluding regulatory effects, sales fell 4.9 percent in France and 5.1 percent in Poland, but rose 3.2 percent in Spain. The rest of the world was down 0.2 percent, as growth in the Mideast, Africa and Romania was offset by weakness in other European markets such as Slovakia and Belgium. Orange reported adjusted EBITDA down 3.4 percent to

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Categories: General
Companies: Orange
Countries: Africa / Europe
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