Orange Reports Strong 2024 Performance, Eyes Bigger Gains in 2025
Africa & Middle East is the main contributor to this growth, with revenues up 11.1% (+770 million euros), driven by increases from its four growth engines.
Orange has released its financial results for the year 2024.
Some of the highlights include:
- Strong 2024 results, 2025 Organic Cash Flow target raised
- Orange is accelerating the implementation of its Lead the Future strategic plan
- 2024 targets fully achieved: EBITDAaL +2.7% year on year and Organic Cash Flow of 3.4 billion euros
- Orange confirms its 2025 targets and raises its Organic Cash Flow target to at least 3.6 billion euros
2024 revenues were 40,260 million euros, up 1.2% year on year 1 (+487 million euros) thanks to growth in retail services (+2.7% or +794 million euros) and a smaller decline in wholesale services (-5.2% or -325 million euros) mainly related to higher unbundling and civil engineering rates in France in the first quarter. Other revenues (+6.0% or +59 million euros) offset the decline in equipment sales (-1.4% or -41 million euros).
Africa & Middle East is the main contributor to this growth, with revenues up 11.1% (+770 million euros), driven by increases from its four growth engines (+18.4% in Mobile data, +19.5% in Fixed broadband, +20.4% for Orange Money and +12.5% in B2B across all activities).
