Report
Stephane Beyazian ...
  • Stephane Houri

Orange : Preview des résultats 2021

>Enfin un premier redressement amorcé le 17 février ? - Orange publiera ses résultats 2021 et ses objectifs pour 2022 le 17/02/2022. Le titre reste largement délaissé par les investisseurs à ses plus bas alors que la probabilité d’un premier redressement des cash-flows depuis 2011 est au plus haut selon nous. Pour 2022, nous prévoyons des FCF en hausse de 28% à plus de 2,8 Md€ (hors Orange Banque), soutenu par une croissance de 2,5% de l’EBITDA et une baisse de 5% des...
Underlying
Orange SA

Orange provides consumers, businesses and other telecommunications operators with a wide range of services including fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other services. Co.'s portfolio comprises business lines (fixed-line, mobile, Internet), focusing on all customer segments (small and medium-sized businesses, multinationals), and personal and professional services for home, office, travel, and mobile. Co. manages eight operating segments: France, Poland, Spain, Rest of the Europe, Africa and Middle East, Other non-controlling equity interests, Enterprise Communication Services, and International Carriers and Shared Services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

Stephane Houri

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch