Earnings release
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Third quarter 2021 financial information at 30 September 2021 orange ™ Orange delivers a sustained commercial performance and confirms all of its 2021 objectives In millions of euros Revenues EBITDAAL eCAPEX ( excluding licenses ) EBITDAAL - eCAPEX ■ ■ 3Q 2021 10,508 3,550 1,709 1,841 change comparable basis ( 0.4 ) % ( 0.7 ) % ( 1.0 ) % ( 0.4 ) % change historical basis ( 0.7 ) % ( 1.0 ) % ( 1.2 ) % ( 0.7 ) % Press release Paris , 26 October 2021 9M 2021 31,374 9,387 5,554 3,833 change comparable basis 0.9 % ( 0.5 ) % 14.3 % ( 16.2 ) % ■ Continued good commercial performances : 11.3 million convergent customers 10.8 million Fiber ( FTTH ) customers out of 53.8 million connectable households . The FTTH client base rose 25.5 % year on year , driven in particular by France and Poland ▪ Revenues down slightly ( -0.4 % ) ¹ in Q3 2021 . They rose 1.3 % excluding co - financing : strong performance in retail services2 with an acceleration in revenue growth from convergence ( + 2.9 % ) , mobile ( + 5.6 % ) and fixed broadband ( + 5.2 % ) ¹ Unless otherwise stated , the changes presented in this press release are on a comparable basis . Includes B2C and B2B services . See the definition in Appendix 5 : glossary . change historical basis 0.1 % ( 1.2 ) % 13.7 % ( 16.9 ) % France recorded a 4.1 % decline , but was virtually stable excluding co - financing thanks to retail services where growth accelerated ( + 3.7 % excluding PSTN ) Europe excluding Spain rose 2.0 % with retail services growth accelerating ( + 5.7 % ) . Spain was down 4.4 % despite a slight pick - up in retail services Africa & Middle East : another very strong performance at + 12.0 % Enterprise declined ( -1.4 % ) due to a decrease fixed services ( -5.2 % ) which was not offset by the growth in IT & Integration services ( + 2.1 % ) and mobile services ( + 3.5 % ) International Carriers & Shared Services grew 10.8 % EBITDAAL decline was limited to 0.7 % , impacted by the lower level of co - financing received in France . EBITDAaL grew 4.5 % excluding co - financing . ▪ eCAPEX was down slightly : -1.0 % in Q3 2021 after a strong increase in the first half due to investments in Fiber and in Africa & Middle East , in line with the objectives for 2021 .