Report
Stephane Beyazian

Orange : Un début 2023 plus lent (comme attendu)

>Les faiblesses au T1 2023 (pertes clients en France, inflation) - L’EBITDAaL du groupe au T1 ressort en hausse de seulement 0,5% par rapport au T1 2022, en ligne avec le consensus (2 590 M€) qui a récemment été revu en baisse, mais en dessous des attentes de croissance de 1,5% pour 2023 ; ceci reflète l’impact de l'inflation sur les salaires (+5% depuis janvier) et autres charges. France : le C.A. est en recul de 1,8% en raison de la baisse sur le commerce de g...
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

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