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Orange Q3 boosted by strong Africa, Middle East performance

By Thomson Reuters Oct 24, 2024 | 12:38 AM

(Reuters) – Orange on Thursday reported third-quarter profit that was slightly ahead of market expectations, driven by a strong performance by its Africa and Middle East business.

The French telecom operator posted earnings before interest, taxes, depreciation and amortization after leases (EBITDAaL), excluding Spain, of 3.35 billion euros ($3.61 billion). That was slightly above the 3.34 billion forecast by analysts in a company-compiled consensus.

($1 = 0.9267 euros)

(Reporting by Leo Marchandon and Michal Aleksandrowicz)