Orange SA (NYSE:ORAN)
$ 11.37 0.1 (0.89%) Market Cap: 30.24 Bil Enterprise Value: 34.02 Bil PE Ratio: 12.44 PB Ratio: 0.88 GF Score: 69/100

Q3 2021 Orange SA Earnings Call Transcript

Oct 26, 2021 / 06:30AM GMT
Release Date Price: $10.97 (-1.61%)
Operator

Good morning, ladies and gentlemen, and welcome to Orange's Third Quarter 2021 Results Conference Call. The call will be hosted by Ramon Fernandez, Deputy CEO, Finance, Performance and Development, with members of Orange's Executive Committee for the Q&A session that will start after the presentation.

And let me hand over the -- let me hand over the call over to Mr. Ramon Fernandez. Please go ahead, sir.

Ramon Fernandez
Orange S.A. - Executive Director of Finance, Performance & Development

Good morning, and welcome to our Q3 2021 results presentation, and we are going to jump to Slide 4, which presents the key highlights of the quarter. You can see that Africa, Middle East is still the main growth engine for group's revenue with a double-digit top line increase this quarter. You can see that in France, retail services kept accelerating at plus 3.7%, excluding PSTN, and we have extended our 5G coverage reaching close to 700 municipalities.

In Spain, a new milestone in the recovery action plan has been reached with the simplification

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