News

May 7, 2008

 

France Telecom Group has published its results for the first quarter of 2008. It was the third quarter of consecutive growth, with revenue up 3.7% to €13 billion, and gross operating margin up 4.6% to €4.8 billion. In the enterprise division, Advanced Business Network Services revenues increased 7.5%, reflecting growth in IP network services, and Extended Business Services revenues increased 16%, driven by growth in service platforms, and consulting and project management activities. Commenting on the results, Didier Lombard, chairman and CEO of France Telecom, stated: “[These results] confirm the effectiveness of our growth strategy and the ongoing efforts of our employees to transform the Group. This is indeed our third consecutive quarter of strong growth. Revenues increased across all our business segments and geographic areas, driven particularly by a return to growth in the mature markets of Western Europe, including France. An improvement in our operating profitability, which has now been stable for four consecutive quarters, has gone hand-in-hand with the increase in revenues. The Group is thus in a position to confirm with confidence our financial objectives for 2008."