Globe Newswire
Orange: Financial information at 31 March 2021
Press releaseParis, 22 April 2021 Financial information at 31 March 2021 Excellent sales momentum across the Group, underpinning the stabilization of EBITDAaL Revenue growth primarily driven by strong performance in Africa & Middle East In millions of euros 1Q 20211Q 2020comparablebasis1Q 2020historicalbasischangecomparablebasischangehistoricalbasisRevenues 10,31510,26510,3940.5%(0.8)%EBITDAaL 2,5652,5732,601(0.3)%(1.4)%eCAPEX (excluding licenses) 1,7601,5661,58012.4%11.4%EBITDAaL – eCAPEX 8051,0071,021(20.1)%(21.2)% Orange group revenues were up 0.5%1 in Q1 2021 thanks to the recovery of equipment sales and an excellent performance in fixed broadband and IT & Integration services. Growth was primarily driven by Africa & Middle East, which posted its best first quarterly performance in 10 years (up 7.1%), and by Other European countries2 (up 2.2%). The Enterprise segment returned to modest growth (+0.4%), while France was resilient (-0.2%) and Spain remained markedly negative (-7.4%). Group EBITDAaL edged down very…
