As in the previous quarter, Q4 revenues rose organically by 0.3% yoy (excluding regulatory measures). They were in line with expectations and confirm the gradual improvement in Orange’s activities, in particular in France (+0.3% vs -0.1% in H1) and Spain (-0.6% vs -2.1% in H1). But also like the previous quarter, the good news is that EBITDA grew by 1.4% yoy (vs +1.1% in Q3 excluding regulatory measures while it was only perfectly stable yoy in H1). The halt in declining revenue was acc
16 Feb 2016
Slight growth but growth
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Slight growth but growth
Orange SA (ORA:WBO) | 0 0 1.0% | Mkt Cap: 36,230m
- Published:
16 Feb 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
As in the previous quarter, Q4 revenues rose organically by 0.3% yoy (excluding regulatory measures). They were in line with expectations and confirm the gradual improvement in Orange’s activities, in particular in France (+0.3% vs -0.1% in H1) and Spain (-0.6% vs -2.1% in H1). But also like the previous quarter, the good news is that EBITDA grew by 1.4% yoy (vs +1.1% in Q3 excluding regulatory measures while it was only perfectly stable yoy in H1). The halt in declining revenue was acc