Release of 2016 and 2017 financial data restated under the IFRS15 accounting standard
The accounting standard IFRS15 “Revenue from Contracts with Customers” is applicable since 1 January 2018. Orange will start publishing its financial results under this standard for Q1 2018 results.
In order to prepare for IFRS15 changes, Orange published on 30 January 2018 an overview of the nature of the changes implied by this standard.
In addition, Orange is publishing today a summary on an historical basis (and on a comparable basis for 2016) providing per reporting segment its revenues, adjusted EBITDA, and EBITDA for 2016 and 2017 restated under IFR15.
These released data, unaudited, are available on Orange’s corporate website :
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2017 and 150,000 employees worldwide at 30 September 2018, including 92,000 employees in France. The Group has a total customer base of 261 million customers worldwide at 30 September 2018, including 201 million mobile customers and 20 million fixed broadband customers. The Group is present in 28 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.