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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Orange. | EU:ORA | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.09 | -0.86% | 10.395 | 10.39 | 10.485 | 10.54 | 10.385 | 10.51 | 7,020,786 | 16:40:00 |
From Apr 2019 to Apr 2024
By Olivia Bugault
Orange said Thursday that 2019 net profit soared, while it confirmed its objectives for 2020.
Net profit in 2019 rose more than 50% to 3.01 billion euros ($3.28 billion), the French telecommunication company said.
Revenue came in at EUR42.24 billion from EUR41.99 billion a year earlier on a comparable basis, Orange said. Revenue in the fourth quarter was EUR11.09 billion.
Orange said that its performance was driven by a strong momentum in its Africa and Middle East unit, which grew 6.2%, and solid results in Europe.
Earnings before interest, taxes, depreciation and amortization after leases, or EBITDAaL, came at EUR12.86 billion in 2019.
The company confirmed it will propose a dividend of EUR0.70 per share for 2020 at its general meeting and that it still expects EBITDAaL to be "flat positive" in 2020
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
February 13, 2020 02:12 ET (07:12 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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