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Iliad posts 7% revenue growth in Q1 on slower equipment sales, service revenue up 10%

2020-05-12 10:29:00| Telecompaper Headlines

(Telecompaper) Iliad generated group revenues of EUR 1.38 billion in the three months to March, up 6.9 percent year-on-year (+11.0% in Q4). The quarter was impacted by a sharp decline in equipment sales, down 38.6 percent to EUR 45 million, partly reflecting an unfavourable comparison effect with Q1 2019, when the commercialisation of the premium Freebox Delta STB gained momentum in France. Group service revenues rose 9.6 percent to reach EUR 1.34 billion, helped by ongoing mobile ARPU growth in France and customer gains in Italy.

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Orange maintains revenue growth of 1% in Q1, outlook unchanged

2020-04-30 08:24:00| Telecompaper Headlines

(Telecompaper) Orange maintained growth in the first quarter, saying it's yet to see a major impact on results from the Covid-19 pandemic. The operator grew sales 1.0 percent on a like-for-like basis to EUR 10.4 billion and increased EBITDAal by 0.5 percent on the same basis to EUR 2.6 billion. The company maintained its full-year outlook and said it would provide a further update at its Q2 report after the impact of the crisis is more clear. 

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Huawei maintains revenue growth in Q1, sales up 1.4% to CNY 182 bln

2020-04-21 11:46:00| Telecompaper Headlines

(Telecompaper) Huawei said results for the first quarter were in line with expectations, despite the effects of the coronavirus pandemic. The company said its business is continuing as usual and provided some figures. Revenues for the quarter rose 1.4 percent from the year before to CNY 182.2 billion, while the net profit margin was 7.3 percent.

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Huawei maintains revenue growth of over 19% in 2019, sees more difficult 2020

2020-03-31 11:08:00| Telecompaper Headlines

(Telecompaper) Huawei reported revenues of CNY 858.8 billion (USD 123 billion) for 2019, up 19.1 percent. Net profit rose a slower 5.6 percent to CNY 62.7 billion, and operating cash flow increased 22.4 percent to CNY 91.4 billion. 

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Iliad revenue growth improves to 11% in Q4

2020-03-17 10:20:00| Telecompaper Headlines

(Telecompaper) Iliad generated group revenues of EUR 1.39 billion in the fourth quarter, up 11.0 percent year-on-year and accelerating from 8.1 percent growth in Q3. In its core French market, growth in service revenues improved for the fourth consecutive quarter, as Free returned to positive customer net additions in the mobile segment and continued to gain fixed broadband subscribers. While confirming the targets set within its 2024 Odyssey plan, the company noted that the current Covid-19 epidemic could have a negative impact on its objectives and on the wider telecom sector, noting the possibility of shortages of some electronic components and a slowdown in the pace of fixed and mobile network deployments.

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