(Reuters) -Orange on Thursday reported third-quarter profit that was slightly ahead of market expectations, driven by a strong performance at its Africa and Middle East business.
Group revenue rose by 1.6% compared with the third quarter of 2023. Africa & Middle East was the main contributor, growing by 10.5%.
The French telecom operator posted earnings before interest, taxes, depreciation and amortization after leases (EBITDAaL), excluding Spain, of 3.35 billion euros ($3.61 billion). That was slightly above the 3.34 billion forecast by analysts in a company-compiled consensus.
Orange, market leader in France, gained a net 83,000 mobile customers during the quarter, winning 6,000 customers for fixed broadband and 259,000 for fiber.
The company confirmed its 2024 full-year outlook.
($1 = 0.9267 euros)
(Reporting by Leo Marchandon and Michal Aleksandrowicz)
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Publish date : 2024-10-24 05:38:17
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