Orange Q3 boosted by strong Africa, Middle East performance By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
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Should l Buy ?
Source: Investing.com
Third-quarter performance: Orange reported a slight increase in third-quarter profit, with group revenue rising by 1.6% and a significant contribution from its Africa and Middle East business, which grew by 10.5%.
Customer growth and outlook: The company gained 83,000 mobile customers and confirmed its full-year outlook for 2024, posting EBITDAaL of 3.35 billion euros, slightly above analyst expectations.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
