PARIS, Feb 18 (Reuters) - Orange, France's biggest telecoms operator, reported quarterly core profit slightly ahead of expectations on Wednesday, driven by strong growth in Africa and Middle East that
Orange beats estimates as Africa, Middle East boost earnings
PARIS, Feb 18 (Reuters) - Orange, France's biggest telecoms operator, reported quarterly core profit slightly ahead of expectations on Wednesday, driven by strong growth in Africa and Middle East that helped offset a slowdown in its home market.
The company posted adjusted earnings before interest, tax, depreciation and amortization after leases (EBITDAaL) of 3.6 billion euros ($4.25 billion) for the quarter ended in December. Analysts had expected an average of 3.3 billion euros, according to a company-compiled consensus poll.
($1 = 0.8467 euros)
(Reporting by Gianluca Lo Nostro and Leo Marchandon; Editing by Joe Bavier)
