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General

Orange Spain consolidates growth with 6.2% surge in Q2 sales

Tuesday 26 July 2016 | 08:35 CET | News
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Orange Spain consolidated its return to growth in the second quarter, reporting revenues up 6.2 percent year on year to EUR 1.23 billion following on from the 1.8 percent first quarter rise. The turnaround, which followed nine consecutive quarterly declines prior to 2016, was driven by the continued recovery of mobile services, with revenues up 8.9 percent in the second quarter to EUR 647 million, while fixed services revenues were up 5.0 percent to EUR 461 million. The company's restated first half EBITDA was up 15.4 percent to EUR 625 million, with the EBITDA margin inching up 2.6 percent

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Categories: General
Companies: Jazztel / Orange / Orange Spain
Countries: Spain
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