Latest news with #OrangeSA
Yahoo
a day ago
- Business
- Yahoo
Orange SA (ORANY) (H1 2025) Earnings Call Highlights: Strong EBITDA Growth and Strategic Market ...
Revenue: EUR19.9 billion, up 0.3% year on year. EBITDA Growth: 3.8%, with a 70 basis points margin increase. Organic Cash Flow: EUR1.7 billion, up nearly 8% year on year. Net Debt-to-EBITDA Ratio: 1.9 times. CapEx to Sales Ratio: 15.2%. France EBITDA Growth: 0.9%, with a 1 point margin improvement. Africa and Middle East Revenue and EBITDA Growth: Double-digit growth. Net Income Growth: Close to 7%, excluding specific impacts. Free Cash Flow: EUR1.1 billion. MASMOVIL Revenue Growth: 4.7% in the first half. MASMOVIL Adjusted EBITDA Growth: Close to 13% in H1. Warning! GuruFocus has detected 4 Warning Signs with ORANY. Release Date: July 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Orange SA (ORANY) reported a solid EBITDA growth of 3.8%, driven by a 70 basis points margin increase. The company achieved an organic cash flow of EUR1.7 billion, marking an 8% year-on-year increase. Strong performance in the Middle East and Africa with double-digit revenue and EBITDA growth. Efficiency initiatives resulted in a 4% reduction in OpEx in France, contributing to EBITDA growth. Orange SA (ORANY) upgraded its full-year guidance, now expecting EBITDA growth of more than 3%. Negative Points Wholesale revenues declined by 4%, impacting overall revenue growth. Equipment sales decreased, aligning with market trends and impacting revenue. Orange Business Services faced a 5% revenue decline due to portfolio pruning and a competitive IT environment. The French retail market remains flattish with competitive pressure in the low-end mobile segment. Net income growth was partly offset by increased amortization costs related to investments and taxes. Q & A Highlights Q: Can you provide an update on the French market, particularly regarding retail PSTN and your expectations for H2? A: Christel Heydemann, CEO: In H2, we expect flat to small positive growth. The market remains competitive, especially in the low-end mobile segment. Our strategy focuses on convergence, reducing churn, and maintaining strong customer loyalty. We are confident in our EBITDA growth due to our efficiency programs and operational improvements. Q: What are your thoughts on French market consolidation, and what is Orange's position? A: Christel Heydemann, CEO: We believe there is a need for consolidation in France and Europe. While SFR is restructuring its debt, we are ready to engage in discussions. We support in-market consolidation, but it's still early in the process. Q: Can you elaborate on the EBITDA trajectory for the second half of the year? A: Laurent Martinez, CFO: We expect H2 EBITDA growth to be similar to H1, with continued cost savings and efficiency improvements. Retail ex PSTN is projected to have flat to small positive growth, supporting our EBITDA stability. Q: How does Orange plan to manage potential M&A deals, and what impact could this have on dividends? A: Christel Heydemann, CEO: We are committed to value creation through M&A, focusing on France and Spain. We aim to maintain our investment-grade status and meet shareholder expectations. Dividend guidance will be addressed at our Capital Market Day in February. Q: Can you discuss the potential for price increases in France and the impact on OpEx? A: Christel Heydemann, CEO: Price increases will be tactical and focused on value, such as additional services. We have seen some price increases in the low-end market. OpEx reduction is ongoing, with benefits from previous plans and operational efficiencies. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
2 days ago
- Business
- Bloomberg
Orange Posts Flat Sales as Africa Growth Offsets French Decline
Orange SA said strong growth in Africa and the Middle East offset declines in France and allowed the telecom provider to slightly raise its outlook for the year. Sales in the region grew 13% to €2.1 billion ($2.4 billion) when adjusted for currency fluctuations in the second quarter compared to the previous period, the phone service provider said in a statement on Tuesday. That was just over the average analyst estimate of €2.05 billion according to data compiled by Bloomberg.
Bloomberg
22-07-2025
- Business
- Bloomberg
MasOrange's PE Owners Seek At Least €5 Billion for 50% Stake
The private equity owners of MasOrange are seeking at least €5 billion ($5.9 billion) for their combined 50% stake in the Spanish telecommunication joint venture, according to people familiar with the matter. Cinven, KKR & Co. and Providence Equity Partners are in preliminary talks with Orange SA, which holds the remainder of MasOrange, the people said, asking not to be identified as the information is private. Orange may offer at least €4 billion for their holdings, though no final decisions have been made, the people said.
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Orange Strengthens Sovereignty With New Defense & Security Division
Orange S.A. ORANY recently launched a new Defense & Security Division under Orange Business. The initiative aligns with Orange's long-term 'Lead the Future' roadmap with an emphasis on sovereign-critical verticals — particularly defense and homeland security in France and across Europe. As security threats evolve and the complexity of modern defense ecosystems intensifies, Orange is well-positioned to lead the critical transformation, delivering resilient, secure and sovereign digital infrastructure. Defense ministries, national security agencies and critical infrastructure providers demand digital tools that are not only innovative but also highly resilient, compliant and sovereign. With geopolitical tensions and cyber threats on the rise, governments and defense players are looking for trusted technology partners capable of operating at scale with regulatory integrity and mission-critical performance. The newly formed Defense & Security Division is designed to consolidate Orange's strengths into a single powerhouse. It brings together experts focused on accelerating the digital transformation of defense ministries, homeland security operators and the broader security industry ecosystem. The multifaceted goals of this specialized unit are to develop and scale resilient connectivity solutions for critical operations, hybridize military and civilian networks to ensure seamless, secure interoperability, host sensitive and classified data in compliance with stringent regulations, provide emergency communications infrastructure and deploy advanced cybersecurity tools and AI solutions to detect, protect and respond to emerging threats. Technological Backbone of ORANY's Infrastructure This new division is supported by the technological strength of Orange Business — the Group's enterprise-focused arm. Orange Business is known for delivering top-tier digital infrastructure and services, with the new division fully leveraging this core capability. Key assets include 45,000 km of terrestrial fiber optics, 2,500+ satellite antennas for extended coverage and remote operations, 450,000 km of submarine cables for global connectivity, along with the best service quality 5G network in France and Europe. This effort is further backed by Orange Cyberdefense, which has a robust footprint in cybersecurity across France and Europe. It brings cutting-edge cyber threat intelligence, detection and response capabilities, including Cyber Threat Intelligence tailored for critical infrastructure and defense clients. In the B2B segment, Orange Cyberdefense maintained steady growth of 8%, largely fueled by strong results in France. By creating a specialized division focused exclusively on defense and security, Orange is not only expanding its business but also aiding France and Europe to assert technological sovereignty in a world increasingly defined by digital structures. ORANY's Zacks Rank & Stock Price Performance Orange currently carries a Zacks Rank #4 (Sell). Shares of the company have soared 14.2% in the past three months compared with the Zacks Wireless Non-US industry 's growth of 16.9%. Stocks to Consider Some better-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR, Arista Networks, Inc. ANET and Ubiquiti Inc. UI. JNPR, ANET and UI carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Juniper is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within the AI-driven enterprise portfolio that enable customers to simplify the rollout of their campus wired and wireless networks while bringing greater insight to network operators. In the last reported quarter, it delivered an earnings surprise of 4.88%. Arista delivered a trailing four-quarter average earnings surprise of 11.82% and has a long-term growth expectation of 14.81%. Arista currently serves five verticals, namely cloud titans (customers that deploy more than 1 million servers, cloud specialty providers, service providers, financial services and the rest of the enterprise. It supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. Ubiquiti's effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques. In the last reported quarter, Ubiquiti delivered an earnings surprise of 33.3%. Its highly flexible global business model remains well-suited to adapt to the changing market dynamics to overcome challenges while maximizing growth. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Ubiquiti Inc. (UI): Free Stock Analysis Report Orange (ORANY): Free Stock Analysis Report
Yahoo
12-06-2025
- Business
- Yahoo
Orange: Orange intends to issue a new series of Euro-denominated hybrid notes and to launch a tender offer on some of its outstanding hybrid notes
Press releaseParis, 12 June 2025 NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA Orange intends to issue a new series of Euro-denominated hybrid notes and to launch a tender offer on some of its outstanding hybrid notes Orange S.A. (the Company) is today announcing its intention to issue Euro denominated undated deeply subordinated fixed to reset rate notes with a first call date as of 24 June 2032 (the New Notes). The pricing of the New Notes is expected to be announced later today. The New Notes are intended to be admitted to trading on Euronext Paris. It is also expected that the rating agencies will assign the New Notes a rating of BBB-/Baa3/BBB- (S&P / Moody's / Fitch) and an equity content of 50%. The Company is also launching a tender offer (the Tender Offer) to repurchase: its €1.25 billion Undated 12 Year Non-Call Deeply Subordinated Fixed to Reset Rate Notes with first reset date on 1st October 2026 and admitted to trading on Euronext Paris (ISIN XS1115498260) (of which €1.1 billion is currently outstanding) (the NC 2026 Existing Notes); and its €500 million Undated 7.5 Year Non-Call Deeply Subordinated Fixed to Reset Rate Notes with first reset date on 19th March 2027 and admitted to trading on Euronext Paris (ISIN FR0013447877) (of which €500 million is currently outstanding) (the NC 2027 Existing Notes and, together with the NC 2026 Existing Notes, the Existing Notes), up to a maximum acceptance amount which is expected to be equal to the amount of the New Notes which will be announced by the Company following the pricing of the New Notes. The purpose of the Tender Offer and the planned issuance of New Notes is, amongst other things, to proactively manage the Company's hybrid portfolio. The Tender Offer also provides qualifying holders with the opportunity to sell their Existing Notes ahead of their respective upcoming first reset date and to apply for priority in the allocation of the New Notes. The Tender Offer will expire at 4:00 pm, Paris time, on 19 June 2025 and the results will be announced on 20 June 2025 (subject to change as a result of any extension, withdrawal, termination, re-opening or amendment of the Tender Offer). DisclaimerThis announcement does not constitute an invitation to participate in the Tender Offer or the issuance of New Notes in or from any jurisdiction in or from which, or to or from any person to or from whom, it is unlawful to make such invitation under applicable securities laws. The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such of Notes for purchase pursuant to the Tender Offer will not be accepted from qualifying holders in any circumstances in which such offer or solicitation is unlawful. The Company does not make any recommendation as to whether or not qualifying holders should participate in the Tender may not be offered or sold in the United States absent registration under, or an exemption from the registration requirements of, the Securities Act. The New Notes have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States, and may not be offered, sold or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, any U.S. Tender Offer is not being made and will not be made directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality (including, without limitation, facsimile transmission, telex, telephone, email and other forms of electronic transmission) of interstate or foreign commerce of, or any facility of a national securities exchange of, the United States or to U.S. Persons as defined in Regulation S of the U.S. Securities Act of 1933, as amended (the ) (each a ) and the Notes may not be tendered in the Tender Offer by any such use, means, instrumentality or facility from or within the United States, by persons located or resident in the United States of America ('U.S. holders' within the meaning of Rule 800(h) under the Securities Act). Accordingly, any documents or materials related to this Tender Offer are not being, and must not be, directly or indirectly, mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or into the United States or to any such person. Any purported tender instruction in response to this Tender Offer resulting directly or indirectly from a violation of these restrictions will be invalid, and tender instructions made by a person located or resident in the United States of America or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal giving instructions from within the United States will not be the purposes of the above paragraphs, means the United States of America, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands), any state of the United States of America and the District of Columbia. About OrangeOrange is one of the world's leading telecommunications operators with revenues of 40.3 billion euros in 2024 and 125,800 employees worldwide at 31 March 2025, including 69,700 employees in France. The Group has a total customer base of 294 million customers worldwide at 31 March 2025, including 256 million mobile customers and 22 million fixed broadband customers. These figures account for the deconsolidation of certain activities in Spain following the creation of MASORANGE. The Group is present in 26 countries (including non-consolidated countries). Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan "Lead the Future", built on a new business model and guided by responsibility and efficiency. "Lead the Future" capitalizes on network excellence to reinforce Orange's leadership in service is listed on Euronext Paris (symbol ORA).For more information on the internet and on your mobile: and the Orange News app or to follow us on X: @ and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited. Press Contacts:Tom Wright: WARNING: NOT FOR DISTRIBUTION IN THE UNITED STATESThis press release does not constitute an offer to sell or subscribe, nor a solicitation of purchase or subscription orders for securities, particularly in the United States, Japan, Canada, Australia, or the United Kingdom. The distribution of this document may also be subject to specific regulations in certain other countries. No offer to sell or solicitation of purchase or subscription of securities shall be made in any country or territory where such an offer or solicitation would be contrary to applicable regulations or prior to its registration or qualification under the securities laws of that country or territory. In particular, securities may not be offered or transferred in the United States without registration or an exemption from registration in accordance with the U.S. Securities Act of 1933 (as amended). Attachment PR_Orange_Hybrid_bond_issue_and_Tender_Offer_EN_120625Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
