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Financial performance: Orange Côte d'Ivoire achieves good growth in 2022

17/02/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The Orange Côte d'Ivoire Group achieved good financial and operational performances in 2022 despite a difficult socio-economic, security, inflationary and competitive context. It has thus demonstrated good resilience in its activities and good control over its costs.

Orange Côte d'Ivoire is a leader in each of its three countries of presence, namely Côte d'Ivoire, Burkina Faso and Liberia. This financial performance is the result of a remarkable operational performance in 2022. Indeed, during 2022, there were very steady growth in subscriber bases, in particular 4G, Orange Money and Fixe Broadband, made possible by the recruitment of new customers, the development of uses across product lines, and investments made to extend our mobile and fixed networks.

Across the 3 countries, (Ivory Coast, Burkina Faso and Liberia), the consolidated turnover amounts to 965 Billion FCFA and is in line with that of 2021. These performances were made possible by the 158.5 billion FCFA in investments made by all subsidiaries, representing 16.4% of consolidated sales (up +2.9pt).

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