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Stock impact report

Press Release Orange: Good start to the year, strong momentum on “Lead the Future” [Yahoo! Finance]

Orange (ORAN) 
Company Research Source: Yahoo! Finance
Creation of MASORANGE, new leader in Spain Acceleration of revenue and EBITDAaL growth in the first quarter Confirmation of 2024 targets In millions of euros 1Q 2024 1Q 2023 comparable basis 1Q 2023 historical basis change comparable basis change historical basis Revenues EBITDAaL eCAPEX (excluding licenses) o/w Continuing operations o/w Discontinued operations EBITDAaL - eCAPEX of continuing operations MASORANGE, the 50:50 joint venture combining the Spanish operations of Orange and MASMOVIL was created on 26 March 2024. The Group's Spanish operations are deemed to be discontinued under IFRS 5 until closing and will subsequently be consolidated using the equity method in the Group's financial statements. Historical data has been restated. Commenting on these results, Christel Heydemann, Orange's Chief Executive Officer, said: “ Orange has made a very good start to the year, marked by the completion of the deal with MASMOVIL to create Show less Read more
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