Orange SA (ADR) ( (ORANY) ) has released its Q4 earnings. Here is a breakdown of the information Orange SA (ADR) presented to its investors.
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Orange SA, a leading telecommunications company operating across Europe, Africa, and the Middle East, reported its financial results for 2024, showcasing substantial growth and strategic advancements. The company is recognized for its extensive mobile and fixed-line services, including innovative digital solutions and cybersecurity offerings.
The company announced a strong performance for 2024, with revenue reaching 40.26 billion euros, a year-on-year increase of 1.2%. Orange also reported a 2.7% increase in EBITDAaL, aligning with its strategic objectives. The company has raised its 2025 organic cash flow target to at least 3.6 billion euros, signaling confidence in its ongoing financial health.
Key highlights include robust revenue growth in the Africa and Middle East region, driven by mobile data, fixed broadband, and Orange Money. France saw a return to EBITDAaL growth, while Europe experienced strong performance in convergence services. Orange Business showed resilience with strong growth in cybersecurity, despite challenges in fixed revenues.
Looking ahead, Orange plans to continue its strategic focus on operational efficiency, digital transformation, and sustainable growth. The company remains committed to achieving its financial targets for 2025, supported by its strategic initiatives and ongoing investments in technology and infrastructure.
Orange’s forward-looking strategy, highlighted by its commitment to sustainability and digital inclusion, positions the company well for future growth, as it continues to leverage its technological advancements and market leadership across its operating regions.
