Press release - Orange : Application of accounting rule IFRS16 "Leases"

Fecha : 06/02/2019 @ 01:41
Fuente : GlobeNewswire
Emisora : Orange. (ORA)
Cotización : 14.885  0.015 (0.10%) @ 08:12
Orange Cotización de acciones Gráfica

Press release - Orange : Application of accounting rule IFRS16 "Leases"

Press release
Paris, 6 February 2019

Application of accounting rule IFRS16 "Leases"

Accounting standard IFRS16 "Leases" has been applicable since 1 January 2019. Orange will start communicating its financial results under this standard as from the Q1 2019 results.

In order to prepare for IFRS16 changes, Orange published on 6 January 2019 an overview of:

  • the nature of the changes that will impact Orange's consolidated financial statements;
  • the new key performance indicators that will be used by Orange; and
  • The Orange group communication schedule.

The presentation is available on Orange's corporate website: www.orange.com

About Orange

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).
For more information on the internet and on your mobile: www.orange.com, www.orange-business.com or to follow us on Twitter: @orangegrouppr.
Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.

Press Contacts: +33 1 44 44 93 93
Tom Wright ; tom.wright@orange.com
Olivier Emberger; olivier.emberger@orange.com 


PR_Orange_Publication_IFRS16_VA.pdf



This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Orange via Globenewswire

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