Tuesday, 25 July 2017

Orange slows full-year revenue decline on European improvement

By Nick Wood, Total Telecom
Tuesday 17 February 15

French incumbent forecasts fall in 2015 EBITDA as the end of its five-year plan draws near.

Orange on Tuesday published full-year financial results that showed signs of stabilisation in Europe, but it still expects 2015 earnings to fall. Revenue came in at €39.45 billion, down 2.5% on last year; however, the decline was considerably smaller than in 2013, when the French incumbent's revenue fell 4.5%. Excluding the impact of regulation, revenue was down 1.6% compared to a decline of 2.6% in 2013. Orange attributed the performance to an improvement in mobile service revenue in France…

Orange on Tuesday published full-year financial results that showed signs of stabilisation in Europe, but it still expects 2015 earnings to fall. Revenue came in at €39.45 billion, down 2.5% on last year; however, the decline was considerably smaller than in 2013, when the French incumbent's revenue fell 4.5%. Excluding the impact of regulation, revenue was down 1.6% compared to a decline of 2.6% in 2013. Orange attributed the performance to an improvement in mobile service revenue in France…

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