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General

Orange targets stable margin as revenue pressure continues

Thursday 6 March 2014 | 08:20 CET | News
Orange reported continued pressure on results in the fourth quarter, but said it aims to stabilise its EBITDA margin and invest in new networks in 2014. Revenues for the three months December fell 6.4 percent to EUR 10.216 billion, and adjusted EBITDA was down 8.6 percent to EUR 2.867 billion. The lower results were due to regulatory measures, negative currency effects and price pressure in most of its European markets. The EBITDA margin was at 28.1 percent, down 0.7 percent points year-on-year. Over the full year, Orange posted sales down 5.8 percent and EBITDA fell 8.2 percent. Net profit

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Categories: General
Companies: Orange
Countries: Africa / Europe / France
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