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Orange growth improves in Q4, maintains outlook for stable 2020

2020-02-13 09:25:00| Telecompaper Headlines

(Telecompaper) Orange reported improved growth figures for the fourth quarter. Group revenues grew 1.1 percent on a comparable basis to EUR 11.1 billion, compared to 0.8 percent in the previous quarter, thanks strong momentum in Africa and the Middle East and an improved performance in France. EBITDAaL was up 1.3 percent on the same basis to EUR 3.3 billion, accelerating from an increase of 0.2 percent in the previous quarter. Orange maintained its outlook for a "flat positive" EBITDA this year and improved its forecast for cash flow. 

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