Juiced: Orange Group reports good financial performance in 3Q20

摘要

Orange Group has announced a positive financial performance in 3Q20 with revenue up by 0.8% YoY. For the first nine months of 2020 the operator reported 0.5% revenue growth YoY. Earnings before interest (EBITDAaL) showed a moderate decline of 0.4% YoY in 3Q20, while economic capital expenditure (ecapex) increased by 0.9% YoY because of co-financing of the French fiber network. Orange Group’s financial performance varied across its regions. It continues to focus on its strategic “Engage 2025” plan and partners with major players from different verticals to monetize 5G capabilities and accelerate IT transformation to further strengthen its position in the market.