MADRID, 15 Feb. (EUROPA PRESS) –

The Orange group obtained an attributable net profit of 2,440 million euros in 2023, which is 13.7% more than the 2,146 million euros recorded the previous year, according to the accounts presented by the company this Thursday.

Likewise, the French operator earned 44,122 million euros in 2023, that is, 1.5% more than the 43,471 million euros it billed in the previous year.

Regarding the gross operating profit – after leases – (EbitdaaL), this magnitude stood at 13,035 million euros, which is 0.55% more than the 12,963 million euros recorded in 2022.

Likewise, the company’s net financial debt rose to 27,000 million euros at the end of 2023, which represents an increase of 1,700 million euros compared to the previous year. Thus, the ratio of financial debt to EbitdaaL stood at 2.05 times.

“One year after the announcement of our ‘Lead the future’ strategic plan, we have achieved all of our financial objectives for 2023. These results are a testament to our ability to execute and advance our main strategic projects,” said the CEO of Orange, Christel Heydemann.

“As expected, in France, EbitdaaL improved noticeably in the second half (…) Europe delivered a strong performance, driven by Spain, which recorded year-on-year growth for the first time since 2018, with a strong increase in EbitdaaL. “Africa and the Middle East recorded strong growth in both revenue and EbitdaaL, supported by mobile data, Orange Money and B2B activities, demonstrating their dynamism,” he added.