Group sales rose by 1.6% to 9,995 ME in Q3 2024 compared with Q3 2023 (+153 million euros), thanks to growth in retail services (+2.5% or +185 million euros) and a smaller decline in services to operators (-3.3% or -51 million euros).

Over 9 months, sales grew by 1.5% to 29,834 ME. EBITDAaL stood at 8,857 ME, up 2.6%.

Group EBITDAaL for Q3 rose by 2.7% (after +2.6% in Q2 and +2.3% in Q1) thanks to the strong performance of retail services, and totaled 3,345 million euros. This is in line with the objective of slight growth over 2024. EBITDAaL for telecoms activities came to 3,370 million euros (+2.4%). eCAPEX amounted to 1,359 million euros in Q3 2024, a year-on-year reduction of -2.5%.

The Group thus confirms its financial targets for 2024. It is targeting slight growth in EBITDAaL, discipline on eCAPEX, organic cash flow from telecom activities of at least 3.3 billion euros, and a net debt/EBITDAaL ratio for telecom activities unchanged at around 2x in the medium term.

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