Africa & Middle East Fuel Orange’s Q1 2025 Momentum

Orange  posts robust first-quarter results and confirms its 2025 targets.

• Solid retail commercial performance
• EBITDAaL up +3.2%
• 2025 financial targets confirmed

First quarter 2025 revenues reached 9,911 million euros, up 0.6% year on year¹ (+62 million euros) thanks to growth in retail services (+2.4% or +181 million euros) and a smaller decline in wholesale services (-3.1% or -44 million euros). Equipment sales were 5.7% lower (-38 million euros) and other revenues were down 13.9% (-37 million euros).

Africa & Middle East is the main contributor to this growth, with revenues up 12.8% (+231 million euros), driven by increases from its four growth engines (+21.0% in Mobile data, +19.1% in Fixed broadband, +22.1% for Orange Money and +17.1% in B2B across all activities).

For the eighth consecutive quarter, Africa & Middle East recorded double-digit growth in revenues in the first quarter of 2025 at +12.8% (+231 million euros). The segment also posted remarkable revenue growth of 10.7% on a historical basis in the first quarter.

This performance was once again underpinned by the continued rapid growth in retail services (+13.3%) thanks to increases over the year from the four growth engines, namely mobile data (+21.0%), fixed broadband (+19.1%), Orange Money (+22.1%) and B2B across all activities (+17.1%), with favorable volume and value effects. The mobile customer base reached 163.4 million, a year-on-year increase of 6.7%, with double-digit growth in the 4G customer base (+23.9% year on year) and a 5.1% increase in average mobile ARPO in the first quarter. The fixed broadband customer base rose 20.0% to 4.2 million. Lastly, Orange Money had 41.1 million active customers, up 16.1%.

This remarkable performance confirms the ambition of at least high single-digit EBITDAaL growth for the Africa & Middle East segment in 2025.

Orange delivered robust first quarter results, in line with our forecasts, with EBITDAaL growth of 3.2%. In an uncertain economic context, these results demonstrate the resilience of our business and the trust our customers have in the quality of our services across all our regions.

In France, we maintained our commercial discipline and continued to grow retail revenues, thanks to strong performances in fiber and convergence. In a competitive environment, the variety of our offers across all market segments and the satisfaction of our customers make Orange the leader by market share, NPS and churn.

The Africa & Middle East region experienced exceptional double-digit revenue growth for the eighth consecutive quarter. All growth engines are performing well, in particular our data offers, which represent 60% of growth this quarter. This momentum is driven by our 4G and 5G networks, used by more than 80 million customers, as well as the deployment of digital services, such as our Max it super app, which now has close to 20 million users.

In the B2B market, Orange Cyberdefense’s growth remained solid at 8%, driven mainly by the robust performance in France. Orange Business, which continues to enact its transformation plan, also launched 5G+ in France and new trusted GenAI offers through Live Intelligence Open in Europe.

Finally, during this quarter, we signed three agreements with our trade unions in France, in particular the unanimous agreement reached on Employment and Career Path Planning for France (Gestion des Emplois et des Parcours Professionnels – GEPP), which will enable us to train, recruit and support the deployment of our teams. These agreements lay the foundations for working with our employees to meet future technological, economic and environmental challenges.

– Christel Heydemann, Chief Executive Officer, Orange group