Press release - Orange : Application of accounting rule IFRS16 "Leases"
February 06 2019 - 2:41AM
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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