Thursday, 17 August 2017

Orange revenue rises as Spain returns to growth

By Nick Wood, Total Telecom
Tuesday 26 April 16

French incumbent's domestic revenues edge down on decline in national roaming.

Orange on Tuesday reported modest first-quarter sales growth driven by a turnaround in Spain. Group revenue in the three months to 31 March rose 0.6% year-on-year to €10.01 billion. Restated EBITDA fell to €2.57 billion from €2.61 billion due to costs stemming from new Orange shares issued to employees in March. "For the third consecutive quarter, Orange revenues have grown…

Orange on Tuesday reported modest first-quarter sales growth driven by a turnaround in Spain. Group revenue in the three months to 31 March rose 0.6% year-on-year to €10.01 billion. Restated EBITDA fell to €2.57 billion from €2.61 billion due to costs stemming from new Orange shares issued to employees in March. "For the third consecutive quarter, Orange revenues have grown…

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