Orange: Q3 sales up 0.8% on comparable basis
(CercleFinance.com) - Orange has posted Q3 2019 EBITDA "after Leases" (EBITDAaL) of 3,615 million euros, up 0.
2% on a comparable basis, for sales of 10,577 million euros, up 0.8% - again on a comparable basis (+2.6% as reported).
This growth in revenue has been driven by growth in Africa and the Middle East (+7.6%), and by performance in Europe (+1.4%), which was supported by convergence, and by the Enterprise segment, which posted a fourth consecutive quarter of growth at 1.8%.
The incumbent French telecom operator confirms its FY 2019 targets (excluding the network sharing agreement with Vodafone in Spain that was signed in April), including growth in EBITDAaL on a comparable basis, that is more moderate than in 2018.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
2% on a comparable basis, for sales of 10,577 million euros, up 0.8% - again on a comparable basis (+2.6% as reported).
This growth in revenue has been driven by growth in Africa and the Middle East (+7.6%), and by performance in Europe (+1.4%), which was supported by convergence, and by the Enterprise segment, which posted a fourth consecutive quarter of growth at 1.8%.
The incumbent French telecom operator confirms its FY 2019 targets (excluding the network sharing agreement with Vodafone in Spain that was signed in April), including growth in EBITDAaL on a comparable basis, that is more moderate than in 2018.
Copyright (c) 2019 CercleFinance.com. All rights reserved.