France Telecom CFO: Revenue Trend Weakens But Better Than GDP
27 5월 2009 - 1:14AM
Dow Jones News
France Telecom SA's (FTE) revenue trend has deteriorated,
although it is better than the trend in gross domestic product, the
company's chief financial officer Gervais Pellissier said at the
firm's annual meeting Tuesday.
The Paris-based French telecommunications giant also aims to
keep its spending trim and fulfill its corporate action plan to
allow it to keep annual cash flow at 2008's EUR8 billion for the
next three years, he said.
Pellissier said France Telecom should be able to maintain that
level of annual cash flow, even if revenues fall somewhat.
Company Web site: www.francetelecom.com
-By A.H. Mooradian, Dow Jones Newswires; +33 1 4017 1740;
art.mooradian@dowjones.com