Q2 revenues rose by 0.4% yoy (excluding regulatory measures) after falling by 0.3% in Q1. They are slightly better than expected and confirm the gradual improvement in Orange’s activities, in particular in France and Spain. The other good news is that the EBITDA grew by nearly 1% yoy (excluding regulatory measures) after declining by 1.2% in Q1. Indirect costs fell by €156m in H1 with labour expenses decreasing by 0.9% (note the average number of employees declined by 4% yoy). The
28 Jul 2015
It had been a long time since Orange has recorded revenue growth
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It had been a long time since Orange has recorded revenue growth
Orange SA (ORA:WBO) | 0 0 1.0% | Mkt Cap: 36,230m
- Published:
28 Jul 2015 -
Author:
Jean-Michel Salvador -
Pages:
3
Q2 revenues rose by 0.4% yoy (excluding regulatory measures) after falling by 0.3% in Q1. They are slightly better than expected and confirm the gradual improvement in Orange’s activities, in particular in France and Spain. The other good news is that the EBITDA grew by nearly 1% yoy (excluding regulatory measures) after declining by 1.2% in Q1. Indirect costs fell by €156m in H1 with labour expenses decreasing by 0.9% (note the average number of employees declined by 4% yoy). The