Feeds

Orange in the pink. And the red. And the black

Sales up in 2002

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Orange made a net profit - a first - of €633m in 2002 and declares Earnings before Bad Stuff of €15.1bn for the year. Of course, there's a lot of Bad Stuff - asset writedowns for Wind and Dutchtone, closure of Sweden etc. contributing to $5.2bn in exceptional costs.

Add this to the mix and the France Telecom-owned mobile network operator is declaring a real loss of €4.54bn, more or less the same as the loss of 4.52bn for 2001, on revenues up 11 per cent to €17.1bn.

The company also generated positive cashflow in Q4 2002 and reckons that it has passed peak funding requirements. Which is just as well, as its heavily-indebted parent has placed a collar on capex, cutting budgets by 25 per cent to 2005 end. Orange reckons that it will wring out an extra €5bn - €7bn from the programme.

It also reckons that it can get data revenues to 25 per cent of turnover by 2005.

Orange's press statement is here (pdf). ®

Internet Security Threat Report 2014

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.