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Earnings: The Orange Côte d'Ivoire Group reports growth of 15.2%

05/07/2023
Categories: Companies

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The Orange Côte d'Ivoire Group achieved a consolidated net income of 33 billion FCFA in the first quarter of 2023, according to the IFRS financial results established by the group's management.

Compared to the first quarter of 2022, when it amounted to 28 billion FCFA, this net result grew by 15.2%. “This growth is mainly explained by the growth in turnover and by good cost control”, underlines the company's management

.

It indeed indicates that the consolidated turnover in the 3 countries, namely Côte d'Ivoire, Liberia and Burkina Faso, amounts to 246 billion FCFA, a growth of 3.9%, driven by the performance of the Orange Burkina operation despite the difficult security context, by the Enterprise market and by an FMI park (Fixed Mobile and Internet) in growth of 4.5%. Mobile money also recorded a good performance, driven mainly by a 20% increase in the number of users and a marked increase in usage.

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