{"id":469844,"date":"2021-02-18T12:21:33","date_gmt":"2021-02-18T11:21:33","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=469844"},"modified":"2021-02-18T12:21:33","modified_gmt":"2021-02-18T11:21:33","slug":"orange-driven-by-its-africa-middle-east-locomotive","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/02\/18\/orange-driven-by-its-africa-middle-east-locomotive\/","title":{"rendered":"Orange driven by its Africa &#038; Middle East locomotive"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Orange posted EBITDAal * down 1.4% to 12.68 billion (-1% on a comparable basis) over fiscal year 2020. EBITDAaL fell slightly, strongly penalized by the drop in roaming and the additional costs generated by the health crisis (-545 million euros) as well as by Spain (-13.0%) and Business (-14.9%). These effects were mitigated by the remarkable performance of Africa and the Middle East (+ 10.0%), the good results of Europe (+ 2.3% excluding Spain) and the resilience of France (+0 , 2%). In Africa and the Middle East, growth is driven by 4G and Orange Money, the main engines of the group&#8217;s growth.<\/p>\n<p>The telecom operator nevertheless posted a result up 56.9% to 5.05 billion euros thanks to tax income linked to a decision of the Council of State concerning a former tax dispute. Annual turnover stagnated (+ 0.1%) thanks to the excellent performance of Africa and the Middle East (+ 5.2%) and the resilience of France (+1, 6%).<\/p>\n<p>Orange will propose a 2020 dividend of 0.70 euro per share plus 0.20 euro linked to the favorable decision of the Council of State regarding an old tax dispute. Commenting on the publication of these results, St\u00e9phane Richard, Chairman and CEO of the Orange group, said: \u201c2020 has been an extraordinary year, marked by a crisis of unprecedented scale and violence. In this difficult context in which networks have demonstrated their vital aspect for companies, Orange has been able to adapt and cope in order to continue to offer the best of our services to our customers. On the landline first, we continued to connect our customers to fiber\u2026. \u201d<\/p>\n<p>EBITDAaL: in English, earnings before interest, taxes, depreciation and amortization after leases (EBITDAaL). In French, profit before interest, taxes and depreciation after rental charges.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Orange posted EBITDAal * down 1.4% to 12.68 billion (-1% on a comparable basis) over fiscal year 2020. EBITDAaL fell slightly, strongly penalized by the drop in roaming and the additional costs generated by the health crisis (-545 million euros) as well as by Spain (-13.0%) and Business (-14.9%). These effects were mitigated by the<\/p>\n","protected":false},"author":536282,"featured_media":469845,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12591,16068,12046,12036,12012],"tags":[12322,17274,1467],"class_list":{"0":"post-469844","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-feature","8":"category-fintech-telecom","9":"category-leaders-en","10":"category-sectors","11":"category-telecoms-en","12":"tag-africa-en","13":"tag-middle-east-locomotive","14":"tag-orange","15":"post_format-post-format-aside","16":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orange driven by its Africa &amp; Middle East locomotive - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/02\/18\/orange-driven-by-its-africa-middle-east-locomotive\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-18T11:21:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/02\/france-telecom-orange-stephane-richard-1_4858485-600x336-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"336\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Orange driven by its Africa &#038; Middle East locomotive\",\"datePublished\":\"2021-02-18T11:21:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/france-telecom-orange-stephane-richard-1_4858485-600x336-1.jpeg\",\"keywords\":[\"Africa\",\"Middle East locomotive\",\"Orange\"],\"articleSection\":[\"Featured\",\"Fintech &amp; T\u00e9l\u00e9com\",\"Leaders\",\"Sectors\",\"Telecoms\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/\",\"name\":\"Orange driven by its Africa & Middle East locomotive - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/02\\\/18\\\/orange-driven-by-its-africa-middle-east-locomotive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/france-telecom-orange-stephane-richard-1_4858485-600x336-1.jpeg\",\"datePublished\":\"2021-02-18T11:21:33+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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