Stock Market News

Telecoms group Orange’s Q1 core profits up 1%, confirms full-year targets

2022.04.26 08:45

Telecoms group Orange's Q1 core profits up 1%, confirms full-year targets
FILE PHOTO: The logo of French telecom operator Orange is seen at the regional company headquarters in Nantes, France, January 24, 2022. REUTERS/Stephane Mahe/File Photo

PARIS (Reuters) – Orange, France’s biggest telecoms operator, said its first-quarter core operating profit grew 1%, as high growth from its Africa and Middle-East operations offset further declines in sales in Spain and its home country.

Earnings before interest, tax, depreciation and amortisation after leases (EBITDaL) rose to 2.62 billion euros ($2.81 billion) for the quarter ended March 31. This was in line with the average of 13 analyst estimates compiled by the company.

Revenues were up 0.7% to 10.6 billion euros.

Orange said it maintained all its full-year targets for 2022, including a growth in core operating profits between 2.5% and 3%.

It also confirmed its target of organic cash flow from telecom activities of at least 3.5 billion euros next year.

($1 = 0.9325 euros)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 82,337.06 2.20%
ethereum
Ethereum (ETH) $ 1,914.86 1.26%
tether
Tether (USDT) $ 0.999973 0.02%
xrp
XRP (XRP) $ 2.27 3.32%
bnb
BNB (BNB) $ 630.19 0.25%
solana
Solana (SOL) $ 124.70 3.34%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.695768 3.55%
dogecoin
Dogecoin (DOGE) $ 0.167027 4.26%
tron
TRON (TRX) $ 0.238455 8.07%
staked-ether
Lido Staked Ether (STETH) $ 1,912.80 1.21%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,185.02 1.98%
leo-token
LEO Token (LEO) $ 9.75 0.47%
the-open-network
Toncoin (TON) $ 3.57 2.96%
chainlink
Chainlink (LINK) $ 13.63 3.55%
usds
USDS (USDS) $ 1.00 0.01%
stellar
Stellar (XLM) $ 0.271229 0.76%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,288.39 1.57%
hedera-hashgraph
Hedera (HBAR) $ 0.185906 3.06%
pi-network
Pi Network (PI) $ 1.13 14.87%
avalanche-2
Avalanche (AVAX) $ 18.63 1.38%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 4.23%
sui
Sui (SUI) $ 2.27 4.43%
mantra-dao
MANTRA (OM) $ 6.94 0.90%
litecoin
Litecoin (LTC) $ 89.01 4.36%
polkadot
Polkadot (DOT) $ 4.42 0.36%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.97 1.05%
bitget-token
Bitget Token (BGB) $ 4.64 4.39%
ethena-usde
Ethena USDe (USDE) $ 0.999593 0.04%
weth
WETH (WETH) $ 1,914.96 1.18%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999809 0.03%
hyperliquid
Hyperliquid (HYPE) $ 13.73 1.92%
whitebit
WhiteBIT Coin (WBT) $ 28.13 1.35%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,035.17 1.10%
monero
Monero (XMR) $ 208.26 1.67%
uniswap
Uniswap (UNI) $ 6.29 0.81%
susds
sUSDS (SUSDS) $ 1.04 0.13%
aptos
Aptos (APT) $ 5.33 0.87%
dai
Dai (DAI) $ 0.99985 0.02%
okb
OKB (OKB) $ 50.80 0.01%
near
NEAR Protocol (NEAR) $ 2.54 4.63%
pepe
Pepe (PEPE) $ 0.000007 7.18%
internet-computer
Internet Computer (ICP) $ 5.77 3.33%
mantle
Mantle (MNT) $ 0.807268 1.23%
gatechain-token
Gate (GT) $ 21.88 0.34%
ethereum-classic
Ethereum Classic (ETC) $ 17.46 2.88%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.90 1.94%
ondo-finance
Ondo (ONDO) $ 0.828374 4.58%
aave
Aave (AAVE) $ 168.56 4.30%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,314.05 2.20%