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Orange beats estimates as Africa, Middle East boost earnings

PARIS, Feb 18 (Reuters) - Orange ORAN.PA, France's biggest telecoms operator, reported quarterly core profit slightly ahead of expectations on Wednesday, driven by strong growth in Africa and Middle East that helped offset a slowdown in its home market.

The company posted adjusted earnings before interest, tax, depreciation and amortization after leases (EBITDAaL) of 3.6 billion euros ($4.25 billion) for the quarter ended in December.
Analysts had expected an average of 3.3 billion euros, according to a company-compiled consensus poll.

($1 = 0.8467 euros)

 (Reporting by Gianluca Lo Nostro and Leo Marchandon; Editing by Joe Bavier)

 ((gianluca.lonostro@thomsonreuters.com;))

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