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Accelerated growth in Revenues, adjusted EBITDA and Operating Cash Flow

On 14-03-2019 by Nicolas
 
Reading time : 2 minutes

The annual results confirm that all the objectives announced for 2018 were achieved. Commenting on the 2018 earnings report, Stéphane Richard, Chairman and CEO of Orange Group, said:

“With an increase in revenues of 1.3%, a 2.7% growth in adjusted EBITDA and an excellent commercial performance across all of our geographies, 2018 confirmed the validity of our strategic focus on fibre, 4G and convergence, in a market environment that remains highly competitive. Maintaining our steady pace of deployment, we passed 29 million FTTH-connected households in Europe, confirming our position as number 1 for the third consecutive year. In France, in particular, 2018 has been a record year with approaching 600,000 net sales taking us to a total of 2.6 million FTTH clients.  The quality of our mobile networks continues to make the difference: we were voted best network in France for the 8th consecutive year and we deployed 4G in 12 countries in the Middle East and Africa…”

Read the full press release