Orange 3Q Revenue Edged Up; Declares Interim Dividend
29 October 2019 - 6:27PM
Dow Jones News
By Olivia Bugault
Orange (ORA.FR) said Tuesday that its third-quarter revenue
slightly rose and it declared an interim dividend for 2019.
Third-quarter revenue rose 0.8% on a comparable basis to 10.58
billion euros ($11.73 billion) from EUR10.49 billion a year
earlier, the French telecommunications company said.
The company said revenue was partly driven by continued growth
in Africa and the Middle East, and rising revenue from its Europe
and Enterprise segments.
Operating cash flow edged down 0.5% during the quarter to
EUR1.89 billion, Orange said.
Orange will distribute an interim dividend of EUR0.30 a share
for 2019, it said.
The company confirmed its guidance for 2019, excluding the
effects of its network-sharing contract in Spain signed with
Vodafone Group PLC (VOD.LN) in April.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 29, 2019 03:12 ET (07:12 GMT)
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