Half Year 2023 Orange SA Earnings Interview with CEO Transcript
A very warm welcome to Christel Heydemann, Chief Executive Officer of Orange. You've just presented the Orange Group's Q2 2023 results, which have again stood out just like they did in the first quarter.
Questions & Answers
Would you first like to comment briefly on the main highlights of the second quarter?
Hello, Tom. First, I would like to express my satisfaction with the second quarter, which represents a real acceleration in the group's overall performance in terms of the main financial KPIs. Firstly, turnover, which increased by 2.6% or twice the level seen in the first quarter, our best Q2 growth in 15 years, then EBITDAaL, which increased by plus 1%, again twice what we saw in the first quarter.
Next, how we managed our CapEx, which fell by more than 6% after already falling by almost 5% in the first quarter. Finally, and certainly the most important, growth in our organic cash flow of more than 2% over
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