Orange (ORAN,ORA.PA) announced - Trust the future - a new strategic chapter to unlock growth. The plan for the next 5 years is structured around three ambitions to leverage its customer base — customer intimacy, innovative growth and excellence at scale. The Group expects a 2-point improvement in operating cash flow margin between 2025 and 2028. Adjusted earnings per share is expected to grow at approximately 10% CAGR 2025-28. Group organic cash flow is expected to grow double-digit and reach approximately 5.2 billion euros by 2028.
For MasOrange, the Group expects low to mid-single-digit revenue growth, and low single-digit EBITDAaL growth, which, combined with the eCAPEX/-sales ratio at approximately 12%, will lead to a mid to high single-digit CAGR 2025-28 growth of the operating cash flow.
The Group intends to maintain an attractive remuneration policy for its shareholders, with progressive dividend growth and a new floor set at 0.85 euros in 2028, while maintaining a solid balance sheet. The dividend for 2026 will increase to 0.79 euros per share, payable in 2027.
Shares of Orange are trading at 17.46 euros, up 3.44%.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.