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General

Orange Spain revenues up 7.9% to EUR 1.31 bln in Q4

Thursday 23 February 2017 | 09:15 CET | News
Orange Spain was easily the parent group's best performing unit in the fourth quarter, reporting revenues up 7.9 percent on a comparable basis to EUR 1.31 billion in the three months to end of December, led by 199,000 net fibre additions in the quarter and 177,000 more mobile contracts. Adjusted EBITDA rose 13.4 percent in 2016 on a comparable basis while the EBITDA margin rate improved by 1.8 percentage points year on year to 26.9 percent. Orange said benefitted from strong revenue growth and substantial synergies related to the consolidation of broadband operator Jazztel, which it acquired

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