Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Orange    ORA   FR0000133308

ORANGE

(ORA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Orange : Details Strategic Plan Until 2025

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/04/2019 | 02:37am EST

By Kim Richters

Orange on Wednesday issued a new strategic plan for the period to 2025, including earnings targets and the potential formation of a new mobile-towers business.

The French network operator said it is aiming for growth in earnings before interest, taxes, depreciation and amortization after leases of between 2% and 3% per year for the period between 2021 and 2023.

It also expects to increase organic cash flow for telecoms activities to between 3.5 billion and 4 billion euros ($3.88 billion and $4.43 billion) in 2023. In 2019, it was more than EUR2 billion, the company said.

The company also targets a net debt/EBITDA after leases ratio for its telecoms activities of around 2.0 times in the mid-term and net savings of EUR1 billion by 2023.

On infrastructure, Orange will sell 1,500 non-strategic sites in Spain to Cellnex Tel for EUR260 million, it said.

It will also create local tower entities in European countries to improve operational efficiency of the sites among other things, with the first projects starting next year in France and Spain. The local tower holdings could be consolidated into one business, which Orange will keep majority control of and which could be considered for consolidation opportunities in the European tower market, it said.

"We are going to grow our core business--connectivity--by adding to our competitive edge and by making the most of our network infrastructure," the company's Chief Executive Stephane Richard said, adding that the company will also support growth in areas besides European connectivity.

The company said it will pay a minimum annual dividend of EUR0.70 per share over the period and invest over EUR1.5 billion in a skills-building program for employees.

Write to Kim Richters at kim.richters@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
CELLNEX TELECOM 0.49% 42.84 End-of-day quote.11.10%
ORANGE 0.31% 13.1 Real-time Quote.-0.46%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ORANGE
08:15aAs West Coast Transplants Pour In, a Small Idaho Town Has a Big Dilemma
DJ
01/17Tesla Unintended-Acceleration Claims to be Reviewed by U.S. Regulators--Updat..
DJ
01/17Trump Plans India Visit Now That China Trade Deal Is Inked
DJ
01/15ORANGE : Jordan Launches "Orange Money" E-Wallet Service
AQ
01/15ORANGE : Jordan Launches “Orange Money” E-Wallet Service Orange Mone..
AQ
01/13Nissan wants to divorce Renault, weak sales for Ford in China, Boeing’s crisi..
01/09France's Orange Combines Middle East, Africa Operations -- Reuters
DJ
01/09France's Orange moves closer to IPO of MidEast, Africa operations
RE
01/09France's Orange considering IPO of Middle East, Africa operations
RE
01/08ORANGE : opens its new Orange Middle East and Africa headquarters in Morocco, co..
AQ
More news
Financials (EUR)
Sales 2019 41 945 M
EBIT 2019 5 533 M
Net income 2019 2 583 M
Debt 2019 26 866 M
Yield 2019 5,42%
P/E ratio 2019 13,3x
P/E ratio 2020 12,6x
EV / Sales2019 1,47x
EV / Sales2020 1,46x
Capitalization 34 613 M
Chart ORANGE
Duration : Period :
Orange Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORANGE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 15,89  €
Last Close Price 13,06  €
Spread / Highest target 45,5%
Spread / Average Target 21,7%
Spread / Lowest Target -4,29%
EPS Revisions
Managers
NameTitle
Stéphane Richard Chairman & Chief Executive Officer
Ramón Fernández CFO, Deputy CEO-Finance & Strategy
Mari-Noëlle Jégo-Laveissière Senior EVP-Innovation, Marketing & Technology
Charles-Henri Filippi Lead Independent Director
Helle Kristoffersen Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ORANGE-0.46%38 361
VERIZON COMMUNICATIONS-2.07%248 685
NIPPON TELEGRAPH AND TELEPHONE CORPORATION3.28%93 966
DEUTSCHE TELEKOM AG1.30%77 578
SAUDI TELECOM COMPANY SJSC--.--%52 503
BCE INC.3.22%42 880