Feb 18, 2021 / 07:21AM GMT
Stéphane Richard - Orange S.A. - Chairman & CEO
Good morning, and welcome to our full year 2020 results presentation. Today, we will also talk about our cost efficiency program and our infrastructure policy with a focus on our European TowerCo, TOTEM, as part of the ongoing group transformation. First, I will cover the main 2020 highlights, and then I'll leave the floor to Ramon, who will go through the details of our results and our cost efficiency program. We will have a separate session on the TowerCo.
Let's start with Slide 4, which presents the key messages of the year. Let me bring your attention to our Q4 key messages. Firstly, we had excellent commercial performance with a record of FTTH Conquest in France and the best FTTH Conquest for the last 2 years in Europe, while pursuing the recovery in Spain, which started last summer.
Secondly, Middle East and Africa shows a very strong top line growth, above 8%, while France, despite COVID headwinds, show slightly positive top line. The main disappointment remains Spain, down around 9%, but under turnaround.
Q4 2020 Orange SA Earnings Call Transcript
Feb 11, 2024
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