)
Company Research25 Mar 2024
Companies That Had Their IPO in 1997: Tech and Internet Fever
An overview of the IPO landscape and stock market sentiment as the dot com bubble slowly started to take shape.
Orange (ORA) investor relations material
Orange Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary29 Jul, 2025
Executive summary
H1 2025 EBITDAAL grew 3.8% year-over-year, with margin up 0.7pt and organic cash flow up 7.7%, driven by strong commercial performance in France, Europe, and Africa & Middle East.
Group revenues reached €19.9bn, up 0.3% year-over-year, with Africa & Middle East delivering double-digit growth and offsetting declines in France and Orange Business.
Net result was a loss of €105M, mainly due to a €1,272M post-tax charge from the new employment agreement in France; excluding this, net profit was €1,167M.
Investments (eCAPEX) increased 4.1% to €3,023M, focused on Africa & Middle East network expansion.
Upgraded full-year 2025 guidance to EBITDAAL growth above 3% and organic cash flow target of at least €3.6bn.
Financial highlights
H1 2025 revenues reached €19,853M (+0.3% year-over-year); EBITDAAL at €5,675M, up 3.8% year-over-year, with margin at 28.8% (+0.7pt).
Net income excluding GEPP was €1,167M (+6.9%); including GEPP, net income was -€105M.
eCAPEX for H1 2025 was €3,023M (+4.1% year-over-year), with disciplined allocation at 15.2% of sales.
Organic cash flow from telecom activities rose 7.7% to €1,670M; free cash flow all-in fell due to license payment phasing.
Net debt/EBITDAAL ratio at 1.88x, maintaining financial discipline.
Outlook and guidance
2025 guidance raised: EBITDAAL growth above 3%, disciplined eCAPEX, organic cash flow from telecom activities of at least €3.6bn, and net debt/EBITDAAL ratio around 2x.
Dividend floor set at €0.75/share for 2025, with an interim dividend of €0.30/share to be paid in December.
Africa & Middle East segment targets double-digit EBITDAAL growth for 2025; Europe aims for low single-digit growth.
Orange Business targets halving EBITDAAL decline in 2025 and stabilization in 2026.
Net debt/EBITDAAL targeted around 2x medium term; robust liquidity position maintained.
Assess France's EBITDAaL growth sustainability.
Detail Orange's priorities in French consolidation.
Explain MASORANGE's equipment sales growth.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Orange earnings date
Q3 202523 Oct, 2025
LIVEat 06:00
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Orange S.A. is a telecommunications operator providing mobile, fixed-line, internet, and television services. It operates across Europe, Africa, and the Middle East, offering services to both individual consumers and businesses. The company is headquartered in Paris, France, and its shares are listed on the Euronext Paris.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage