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General

Orange sees strong Q1 adds, slows decline in sales, EBITDA

Tuesday 28 April 2015 | 08:52 CET | News
Orange reported strong customer additions in the first quarter, with revenue and EBITDA nearly stable, excluding the effect of regulatory measures. Revenue declined by 0.9 percent on a comparable basis to EUR 9.67 billion, reflecting an improving trend in Europe mainly related to mobile equipment and services, with continued steady growth in Africa and the Middle East. On a historical basis, revenue declined by 1.4 percent and restated EBITDA by 3.4 percent. A focus on cost reduction has allowed Orange to halve the decline in stated EBITDA to EUR 55 million in the first quarter, compared to a

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Categories: General
Companies: Orange
Countries: Africa / Europe / Middle East
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