As in the two previous quarters, Q1 revenues rose organically by 0.6% yoy. They were in line with expectations and confirm the gradual improvement in Orange’s activities, in particular in the France Enterprise activities (+2.1%) and Spain (+1.8% organically). But also like in the previous quarters, the EBITDA grew by 0.3% yoy (excluding the €50m impact of the employee shareholding operation for the Ambition 2016 programme). The halt in declining revenue was accompanied by a signifi
03 May 2016
The inflection point is confirmed quarter after quarter
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The inflection point is confirmed quarter after quarter
Orange SA (ORA:WBO) | 0 0 1.0% | Mkt Cap: 36,230m
- Published:
03 May 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
As in the two previous quarters, Q1 revenues rose organically by 0.6% yoy. They were in line with expectations and confirm the gradual improvement in Orange’s activities, in particular in the France Enterprise activities (+2.1%) and Spain (+1.8% organically). But also like in the previous quarters, the EBITDA grew by 0.3% yoy (excluding the €50m impact of the employee shareholding operation for the Ambition 2016 programme). The halt in declining revenue was accompanied by a signifi