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Orange targets stable margin as revenue pressure continues

2014-03-06 08:20:00| Telecompaper Headlines

(Telecompaper) Orange reported continued pressure on results in the fourth quarter, but said it aims to stabilise its EBITDA margin and invest in new networks in 2014. Revenues for the three months December fell 6.4 percent to EUR 10.216 billion, and adjusted EBITDA was down 8.6 percent to EUR 2.867 billion. The lower results were due to regulatory measures, negative currency effects and price pressure in most of its European markets. The EBITDA margin was at 28.1 percent, down 0.7 percent points year-on-year. Over the full year, Orange posted sales down 5.8 percent and EBITDA fell 8.2 percent. Net profit nearly doubled, to EUR 2.133 billion from EUR 1.104 billion, thanks to lower impairment and depreciation charges. Capital expenditure dipped 3.2 percent to EUR 5.631 billion or 13.7 percent of revenues. Operating cash flow fell 11.4 percent to EUR 7.019 billion, but met the company's outlook for at least 7 billion. Net debt was up slightly at EUR 30.726 billion at year-end, equal to 2.37x EBITDA. Orange will pay a final dividend of EUR 0.50, but said the dividend will fall to EUR 0.60 in 2014 from a total EUR 0.80 last year. The company expects revenues to remain under pressure this year, while adjusted EBITDA Is forecast flat to lower, at EUR 12.1-12.6 billion. Excluding the sale of its operations in Dominican Republic and taking into account the continued significant cost reductions, Orange expects it EBITDA margin to stabilise this year, after reaching 30.9 percent in 2013. 

Tags: pressure orange continues stable

 

Orange revenues down in 2013, but sees stability ahead

2014-03-06 01:00:00| Total Telecom industry news

French incumbent loses almost 2 billion from its revenues, but says EBITDA margin will stabilise in 2014.

Tags: orange ahead stability sees

 
 

Beijing issues first orange pollution warning amid smog crisis

2014-02-22 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Beijing has issued a three-day emergency pollution alert, warning residents to keep outdoor activities to a minimum and ordering some industries to limit production. The Chinese capital issued its first ever orange alert the second most severe ranking out of four in a recently introduced pollution monitoring plan on Thursday. The move followed the detection of the particulate matter PM2.5 at a concentration of 237 micrograms per cubic metre nine times the levels recommended as being safe...

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Orange calls on industry to build consumer trust about data

2014-02-21 17:26:00| Telecompaper Headlines

(Telecompaper) Consumers are increasingly wary about how their information is being used, do not feel in control and to not believe there are any resources to help educate them on how to manage their data online, according to research released by Orange. The first instalment an independent three-part study with consumers in France, the UK, Spain and Poland states that 78 percent of consumers find it hard to trust companies when it comes to the way they use personal data and 78 percent also feel that service providers hold too much information about consumers' behaviour and preferences. At the same time, 82 percent feel they have little power to control the way personal data is used by organisations. The operator's call to action for the industry is focused on three key areas: transparency, control and education. It argues that the industry needs to be more answerable and transparent about data usage and data sharing. It feels the industry needs to provide tools to allow customers to control their data, dialing up or down as they wish, and to receive services and benefits accordingly. Orange also proposes that the industry act as a "collective consumer champion" and show the way forward in educating the consumer about how to control their data.

Tags: data industry build orange

 

Ghirardelli And Orange Leaf Frozen Yogurt Team To Reward Chocolate Lovers

2014-02-21 03:23:06| dairynetwork News Articles

To reward the millions of Americans who choose chocolate as their favorite frozen yogurt flavor, Orange Leaf Frozen Yogurt and Ghirardelli Chocolate have teamed up to give two lucky people a free trip to the Ghirardelli Chocolate Festival in San Francisco

Tags: team orange chocolate leaf

 

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