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Orange comparable sales growth improves to 0.8% in Q3

2016-10-25 08:16:00| Telecompaper Headlines

(Telecompaper) Orange reported third-quarter sales up 0.8 percent on a comparable basis to EUR 10.323 billion, led by growth across most its European markets as well as Africa and Middle East. While revenues in France were still down 0.6 percent, the company grew 2.8 percent in Spain, 7.8 percent in Poland, 1.7 percent in central Europe and 2.5 percent in MEA. This supported a 1.6 percent increase in adjusted EBITDA to EUR 3.597 billion in the quarter, and the EBITDA margin improved 0.3 percent points year-on-year to 34.9 percent.

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