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General

Orange sees drop in EBITDA slowing in 2015

Tuesday 17 February 2015 | 08:36 CET | News
Orange reported adjusted EBITDA down 9.6 percent to EUR 12.19 billion, in line with its outlook for a figure of EUR 12.1-12.5 billion. The margin was stable at 30.9 percent. Revenues fell 3.7 percent to EUR 39.445 billion, with weakness across all the operator's main markets. Orange saw a small recovery in the last quarter of the year, when the drop in sales slowed to 1.9 percent. Excluding regulatory effects, revenues were unchanged year-on-year in Q4, led by an improving performance in France, Poland and Spain. Orange's net profit was still down sharply in 2014, to EUR 925 million from EUR

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Categories: General
Companies: Orange
Countries: Africa / Europe
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