Orange : OBS - OCD Day Presentation

Enterprise briefing with focus on

Orange Business Services & Orange Cyberdefense

J U L Y 2 0 2 1

Q2 2021 Enterprise

IT&IS drives top line growth and quasi stability for EBITDAaL

Double digit growth

in €m	Q2 21	yoy cb	H1 21	yoy cb
Revenues	1,932	+2.3%	3,840	+1.3%
Fixed only services	916	-5.3%	1,834	-4.5%
IT & integration services	796	+10.8%	1,565	+8.6%
Mobile	220	+8.7%	440	+3.4%
EBITDAaL			484	-0.5%
eCAPEX			157	-8.0%

Revenue evolution

		-1.2%	+0.4%	+2.3%
	-1.7%
-3.3%
Q2 20	Q3 20	Q4 20	Q1 21	Q2 21
	Total	fixed only	mobile	IT&IS

+14% yoy in H1 21

+9.8% yoy in H1 21

+10% yoy in H1 21

IT&IS share in total OBS revenues

+2.7 pts	40.8%
38.1%
H1 20 cb	H1 21
	H1 21 Results	2

Enterprise briefing with focus on

Orange Business Services & Orange Cyberdefense

J U L Y 2 0 2 1

A	OBS is positioned in a market with
high-growth opportunities

Agenda

OBS & OCD 4

Sizeable $930B market with attractive growth opportunities

C A G R [ 2 0 - 2 5 ] W O R L D W I D E

C O N N E C T I V I T Y S E R V I C E S

		~€365B
		SD-WAN
		2020 Market size
+10%			Cloud-based Comm. &
		Collab.

+5%

IP voice

WAN (incl. Fiber)

Mobile Voice & Data1

0%

Contact centers,

Tel. & collab.

-5%	PSTN Voice

D I G I T A L S E R V I C E S

IoT		Cloud services
	Cybersecurity
		Digital & Data

						~€480B
Integration
	Services				2020 Market size
	~€85B		Telecom
	2020 Market size		Integration Services

Digital

Note: (1) Excluding mobile devices

Source: Gartner Forecast reports 1Q21, IDC Worldwide Internet of Things Spending Guide - Forecast 2020, Technology Global Cloud Market - March 2021

OBS & OCD 5