Financials Orange

Equities

Market Closed - Euronext Paris Other stock markets 10:05:05 29/11/2024 pm IST			Pre-market 12:40:57 pm
10.08 ^EUR	-0.20%		10.00	-0.81%

28/11	La Française des Jeux wants to create its own reinsurance captive in France, according to sources	RE
28/11	Orange Seeks Access to Pre-release AI Models in Europe via OpenAI Team-up	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	42,238	42,270	42,522	43,471	44,122	40,277	40,929	41,395
Change	-	0.08%	0.6%	2.23%	1.5%	-8.71%	1.62%	1.14%
EBITDA ¹	12,860	12,680	12,566	12,963	13,035	12,060	12,326	12,614
Change	-	-1.4%	-0.9%	3.16%	0.56%	-7.48%	2.21%	2.33%
EBIT ¹	4,497	4,107	7,969	5,943	5,610	5,423	5,907	6,373
Change	-	-8.67%	94.03%	-25.42%	-5.6%	-3.33%	8.92%	7.89%
Interest Paid ¹	-1,254	-1,314	-782	-920	-1,206	-1,015	-954.8	-919.5
Earnings before Tax (EBT) ¹	4,673	4,207	1,740	3,882	3,763	4,451	5,086	5,599
Change	-	-9.97%	-58.64%	123.1%	-3.07%	18.28%	14.27%	10.08%
Net income ¹	3,006	4,822	233	2,146	2,440	2,740	3,038	3,340
Change	-	60.41%	-95.17%	821.03%	13.7%	12.27%	10.91%	9.94%
Announcement Date	13/02/20	18/02/21	17/02/22	16/02/23	15/02/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3
Net sales ¹	10,577	11,088	10,394	10,375	10,584	10,917	10,315	10,551	10,508	11,147	10,582	10,715	10,823	11,351	10,619	10,926	10,999	11,578	9,850	9,989	9,995	10,480	9,942	10,084	10,083
Change	-	4.83%	-6.26%	-0.18%	2.01%	3.15%	-5.51%	2.29%	-0.41%	6.08%	-5.07%	1.26%	1.01%	4.88%	-6.45%	2.89%	0.67%	5.26%	-14.92%	1.41%	0.06%	4.85%	-5.14%	1.42%	-0%
EBITDA ¹	3,615	3,288	2,602	3,312	3,584	3,182	2,565	3,272	3,550	3,179	2,620	3,314	3,582	3,448	2,590	3,305	3,596	3,544	2,406	3,106	3,345	3,219	-	-	-
Change	-	-9.05%	-20.86%	27.29%	8.21%	-11.22%	-19.39%	27.56%	8.5%	-10.45%	-17.58%	26.49%	8.09%	-3.74%	-24.88%	27.61%	8.8%	-1.45%	-32.11%	29.09%	7.69%	-3.76%	-100%	-	-
EBIT	-	-	-	-	-	-	-	-	-	1,052	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-1,384	-	1,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-100%	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	29/10/19	13/02/20	30/04/20	30/07/20	29/10/20	18/02/21	22/04/21	29/07/21	26/10/21	17/02/22	26/04/22	28/07/22	25/10/22	16/02/23	26/04/23	26/07/23	24/10/23	15/02/24	24/04/24	24/07/24	24/10/24	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2024 S1
Net sales ¹	20,769	21,501	20,867	21,655	21,297	22,174	21,545	19,839
Change	-	3.52%	-2.95%	3.78%	-1.65%	4.12%	-2.84%	-7.92%
EBITDA ¹	5,914	6,766	5,837	6,729	5,934	7,029	5,895	5,511
Change	-	14.41%	-13.73%	15.28%	-11.81%	18.45%	-16.13%	-6.51%
EBIT	2,249	-	-	-	-	-	-	-
Change	-	-100%	-	-	-	-	-	-
Charge d'intérêts	-742	-572	-	-346	-373	-547	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Net income ¹	927	3,895	-	3,002	1,218	928	877	824
Change	-	320.17%	-100%	-	-59.43%	-23.81%	-5.5%	-6.04%
Announcement Date	30/07/20	18/02/21	29/07/21	17/02/22	28/07/22	16/02/23	26/07/23	24/07/24

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	29,732	23,489	24,269	25,298	27,002	22,397	22,109	21,484
Change	-	-21%	3.32%	4.24%	6.74%	-17.05%	-1.29%	-2.83%
Announcement Date	13/02/20	18/02/21	17/02/22	16/02/23	15/02/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	7,293	7,132	7,660	7,371	6,815	6,803	6,235	6,219
Change	-	-2.21%	7.4%	-3.77%	-7.54%	-0.17%	-8.36%	-0.25%
Free Cash Flow (FCF) ¹	2,866	5,565	3,576	3,864	5,239	2,958	3,296	3,541
Change	-	94.17%	-35.74%	8.05%	35.58%	-43.54%	11.42%	7.45%
Announcement Date	13/02/20	18/02/21	17/02/22	16/02/23	15/02/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	30.45%	30%	29.55%	29.82%	29.54%	29.94%	30.12%	30.47%
EBIT Margin (%)	10.65%	9.72%	18.74%	13.67%	12.71%	13.47%	14.43%	15.4%
EBT Margin (%)	11.06%	9.95%	4.09%	8.93%	8.53%	11.05%	12.43%	13.53%
Net margin (%)	7.12%	11.41%	0.55%	4.94%	5.53%	6.8%	7.42%	8.07%
FCF margin (%)	6.79%	13.17%	8.41%	8.89%	11.87%	7.34%	8.05%	8.55%
FCF / Net Income (%)	95.34%	115.41%	1,534.76%	180.06%	214.71%	107.97%	108.47%	106.02%
Profitability
ROA	2.96%	4.5%	0.22%	1.97%	2.22%	2.61%	2.76%	2.98%
ROE	9.64%	14.59%	6.1%	6.69%	7.67%	7.95%	8.6%	9.17%
Financial Health
Leverage (Debt/EBITDA)	2.31x	1.85x	1.93x	1.95x	2.07x	1.86x	1.79x	1.7x
Debt / Free cash flow	10.37x	4.22x	6.79x	6.55x	5.15x	7.57x	6.71x	6.07x
Capital Intensity
CAPEX / Current Assets (%)	17.27%	16.87%	18.01%	16.96%	15.45%	16.89%	15.23%	15.02%
CAPEX / EBITDA (%)	56.71%	56.25%	60.96%	56.86%	52.28%	56.41%	50.58%	49.3%
CAPEX / FCF (%)	254.47%	128.16%	214.21%	190.76%	130.08%	230%	189.17%	175.62%
Items per share
Cash flow per share ¹	3.779	4.731	4.228	4.182	4.531	3.415	3.634	3.701
Change	-	25.18%	-10.64%	-1.09%	8.35%	-24.63%	6.41%	1.85%
Dividend per Share ¹	0.7	0.7	0.7	0.7	0.7	0.7447	0.7673	0.7965
Change	-	0%	0%	0%	0%	6.39%	3.04%	3.79%
Book Value Per Share ¹	11.97	12.98	12.16	11.96	11.97	12.48	13	13.43
Change	-	8.43%	-6.33%	-1.66%	0.1%	4.31%	4.14%	3.28%
EPS ¹	1.02	1.71	-	0.73	0.85	1.025	1.125	1.233
Change	-	67.65%	-	-	16.44%	20.61%	9.78%	9.6%
Nbr of stocks (in thousands)	26,51,165	26,58,157	26,31,971	26,57,122	26,59,182	26,58,153	26,58,153	26,58,153
Announcement Date	13/02/20	18/02/21	17/02/22	16/02/23	15/02/24	-	-	-