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Orange: Q1 EBITDAaL up 2.3% on a comparable basis
(CercleFinance.com) - Orange reports EBITDAaL at 31 March 2024 of E2.
41bn, up 2.3% on a comparable basis, in line with its target of slight growth over 2024, on sales of E9.85bn, up 2.1% on a comparable basis. The telecom group explains this increase in comparable revenues by growth in retail services (+3.2%) and a smaller decline in services to operators (-4.1%), notably linked to the increase in unbundling rates in France. Orange confirms its targets for 2024, including slightly higher EBITDAaL, organic cash flow from telecom activities of at least E3.3bn, and an increase in the annual dividend payable in 2025 to E0.75 per share. Copyright (c) 2024 CercleFinance.com. All rights reserved. |
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