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
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Orange
  6. News
  7. Summary
    ORA   FR0000133308

ORANGE

(ORA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Orange Marine reveals the name of its future cable ship: the C/S Sophie Germain, plus its official sponsor

06/15/2021 | 09:16am EDT

Orange Marine - a subsidiary of the Orange group - announced the construction of a new cable ship at the end of last year, a vessel which is modern, efficient and has a small environmental footprint.

he name of the future cable ship has just been announced: it will be called the C/S Sophie Germain, in tribute to the French mathematician, physician, and philosopher, and expert in number theory. A self-taught pioneer, she was the first woman to receive the Mathematical Sciences Grand Prize from the French Academy of Sciences in 1816.

Another woman will be honored to support the C/S Sophie Germain in its future missions. Elizabeth Tchoungui - Group Executive Director of Corporate Social Responsibility and Deputy Chair of the Orange Foundation - has agreed to be the official sponsor of this new vessel, an ambassadorial role steeped in maritime tradition.

This new ship will be the first vessel of its generation designed specifically to repair submarine cables, whether optical fiber telecommunications cables or power cables connected to offshore wind farms. It will be cutting-edge and equipped with modern and efficient equipment, and it has been designed to reduce its environmental footprint by 20% for CO2 emissions and 80% for nitrogen oxide emissions compared to the Raymond Croze, the cable ship which it will replace in the Orange Marine fleet.

Didier Dillard, CEO of Orange Marine: 'We chose the name Sophie Germain for our new vessel to continue the tradition of giving the names of French scientists to our cable ships. Along with Orange Marine staff, we wanted to recognize one of our eminent female French scientists when launching our new ship.'

Jean-Luc Vuillemin, Head of International Networks and Services at Orange and Chair of the Orange Marine supervisory committee: 'For Orange, refreshing its fleet by building this new cable ship is a meaningful gesture reflecting its dedication and the importance of laying and repairing submarine cables. It is part of a strategy to develop its position as a leader on the international networks market in general, and submarine cables in particular. By choosing the name Sophie Germain for our new vessel, we can anchor the Group's historic activity in maritime traditions, while honoring a female scientist to sail the seas worldwide.'

Elizabeth Tchoungui, Group Executive Director of Corporate Social Responsibility: 'This future ship will be more energy efficient and demonstrates that our commitment to the environment has no borders, whether on land or at sea.'

This ship will be built by the shipyard Colombo Dockyard, assisted by the Norwegian company Vard, which specializes in designing special vessels. The first sheet - step one in building this vessel - has already been cut (see photos). The new ship should be commissioned in H1 2023.

For more information: Press Kit
Orange Marine images available in the Orange media library: photo

About Orange Marine
Orange Marine's history dates back to the late 19th century and the cable ships operated by the French Ministry of Postal Services and Telecommunications. Orange Marine became a subsidiary wholly owned by the Orange group in 1999. In 2010, Orange acquired Elettra, a Telecom Italia subsidiary.
Orange Marine and Elettra specialize in submarine cables, from designing, engineering and routing new paths, to laying new cables and repairing them at sea if faulty. Orange Marine and Elettra represent 15% of the submarine cable laying and repair market. Their cable ships have laid over 220,000 km of optical fiber cables worldwide, and carried out around 600 repairs, some at a depth of over 6,000 meters.
www.marine.orange.com

Olivier DUFFAUD
15/06/202114:52 CEST

Disclaimer

Orange SA published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 13:15:00 UTC.


ę Publicnow 2021
All news about ORANGE
04:41aSES S A : Broadens Partnership With Orange For Maritime Coverage
MT
02:51aSES NETWORKS : Expands Partnership With Orange to Enhance Maritime Services
BU
08/02ORANGE : Publication of Orange's 2021 interim financial report
PU
08/02ORANGE : Publication of 2021 interim financial report
GL
08/02ORANGE : 2021 First half Financial Report (29/07/2021) (2.37 MB)
PU
07/30ORANGE : sets out its 2023 ambitions for three of the strategic high-growth area..
PU
07/30ORANGE : OBS - OCD Day Presentation
PU
07/30ORANGE : MEA Day Presentation
PU
07/30ORANGE : Lays Out 2023 Targets For High-Growth Segments
MT
07/30ORANGE : sets out its 2023 ambitions for three of the strategic high-growth area..
PU
More news
Financials
Sales 2021 42 472 M 50 483 M 50 483 M
Net income 2021 2 618 M 3 112 M 3 112 M
Net Debt 2021 26 987 M 32 078 M 32 078 M
P/E ratio 2021 9,58x
Yield 2021 7,40%
Capitalization 25 113 M 29 847 M 29 850 M
EV / Sales 2021 1,23x
EV / Sales 2022 1,23x
Nbr of Employees 133 787
Free-Float 80,4%
Chart ORANGE
Duration : Period :
Orange Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORANGE
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 9,45 €
Average target price 12,44 €
Spread / Average Target 31,7%
EPS Revisions
Managers and Directors
StÚphane Richard Chairman & Chief Executive Officer
Ramˇn Fernßndez Executive Director-Finance & Operations
MichaŰl Trabbia Chief Technology & Innovation Officer
Helle Kristoffersen Independent Director
Jean-Michel SÚvÚrino Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ORANGE-2.97%29 847
VERIZON COMMUNICATIONS-5.06%230 853
CHARTER COMMUNICATIONS, INC.13.35%137 843
CHINA MOBILE LIMITED10.86%129 081
DEUTSCHE TELEKOM AG16.54%98 252
NIPPON TELEGRAPH AND TELEPHONE CORPORATION8.20%94 925