2010 1st half results

bando resultats S1 2010

The solid performance in the first half 2010 enabled the Group to confirm its organic cash-flow objectives for 2010 and 2011.
France Telecom proposes to its shareholders an annual dividend of Euros1.40 per share in 2010, 2011 and 2012.

- consolidated revenues of 22.144 billion euros for the first half of 2010, down 2.2% on a comparable basis. Excluding the effect of regulation, revenues were stable compared with the first half of 2009 but the trend improved in the second quarter of 2010, up +0.3%
- EBITDA was 7.745 billion euros for a margin of 35.0%, with the erosion limited to 0.9 points on a comparable basis
- the Group's share of net income was 3.725 billion euros in the first half 2010
- capital expenditure was 2.114 billion euros in the first half, for a CAPEX rate of 9.5% of revenues
organic cash flow of 3.989 billion euros in the first half of 2010. The Group confirms its ambition for organic cash-flow generation for 2010 and 2011.
read the press release on the web