Earnings Alerts

Orange SA (ORA) Earnings Exceed Expectations with 1Q Revenue of EU9.85B, Highlighting Growth in France and Africa

• Orange had a 1Q Revenue of EU9.85-billion, exceeding the estimated EU9.77-billion.

• Revenue from France reached EU4.34-billion, marking a +0.7% increase year over year, and marginally surpassing the estimated EU4.3-billion.

• In Africa & Middle East, Orange saw a revenue of EU1.85-billion, showing strong growth with +8.8% year over year, and topping the estimated EU1.8-billion.

• However, Enterprise revenue stood at EU1.94-billion, exhibiting a -0.6% decrease year over year, slightly lower than the estimated EU1.97-billion.

• Totem revenue maintained the same value as last year with EU174-million, albeit lower than the estimated EU180.2-million.

• Revenue from International carriers & shared services dropped by -5.6% year over year to EU334-million, considerably lower than the estimated EU348.8-million.

• Post leases, the Ebitda was at EU2.41-billion, slightly beneath the estimate of EU2.46-billion.

• The Comparable revenue saw a rise of +2.1%.

• The company confirms a 2024 target for low single-digit growth in EBITDAaL and expects an organic cash flow of at least 3.3-billion euros from telecom activities.

• There’s a proposal to increase the 2024 dividend payable in 2025 to 0.75 euros per share, including an interim dividend of 0.30 euros in December 2024.

• Europe (excluding Spain) reported 1Q revenue of €1,727-million, compared to €1,762-million year over year.


A look at Orange SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Orange SA has a promising long-term outlook. The company excels in several key areas, including dividends and growth, receiving top scores of 5 for both. This indicates that Orange SA is positioned well to provide stable returns to investors while also demonstrating strong growth potential in the telecommunications sector.

However, it is important to note that Orange SA‘s overall outlook is somewhat tempered by its resilience score of 2, suggesting some vulnerability to external economic factors or market fluctuations. Nonetheless, with solid scores in value and momentum at 4 each, Orange SA showcases a balance of fundamental strength and positive market sentiment, supporting a favorable outlook for the company’s future performance.

#### Orange SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals. ####


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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