Business description: Orange

Orange is the French leader of telecommunications company. Net sales (including intragroup) break down by activity as follows:

- telecommunication services for individuals (78.2%): mobile telephone services (272.8 million clients at the end of 2025; Orange brand in France, Orange Belgium in Belgium, Orange Communications Luxembourg in Luxembourg, MásOrange in Spain, Orange Polska in Poland, etc.), fixed telephone services and Internet access (38.1 million clients). The group also offers services for telecommunication operators. Net sales break down by country between France (54.6%), Europe (21.8%), Africa and Middle East (23.6%);

- telecommunication services to businesses (117.2%): Internet access services, mobile telephone, voice and data transmission services and integration and information management for communication applications;

- telecommunication services to international telecommunication operators (2.9%);

- operation of passive mobile infrastructure (1.7%; Totem): management of a portfolio of approximately 27,000 telecommunications towers in France and Spain.

Number of employees: 121,242

Sales by Activity: Orange

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

France

18.09B 17.98B 17.73B 17.8B 17.47B

Africa & Middle East

6.38B 6.92B 7.15B 7.68B 8.43B

Orange Business

7.76B 7.93B 7.93B 7.78B 7.32B

Other European Countries

5.87B 6.33B 6.89B 7.1B 7.26B

International Carriers & Shared Services

1.52B 1.54B 1.48B 1.29B 1.22B

Totem

- 685M 686M 709M 728M

Europe - Spain

4.72B 4.65B 4.7B - -

Eliminations

-1.81B -2.56B -2.44B -2.1B -2.04B

Executive Committee: Orange

Manager TitleAgeSince
Chief Executive Officer 52 04/04/2022
Director of Finance/CFO 58 01/09/2023
Chief Tech/Sci/R&D Officer - 01/06/2023
Chief Tech/Sci/R&D Officer 50 01/09/2020
Investor Relations Contact - 01/04/2024

Composition of the Board of Directors: Orange

Director TitleAgeSince
Director/Board Member 58 27/05/2015
Director/Board Member 53 08/12/2016
Director/Board Member 52 26/07/2017
Director/Board Member 57 21/05/2019
Chairman 66 19/05/2026
Director/Board Member 59 19/05/2022
Director/Board Member 60 26/11/2021
Director/Board Member 63 23/05/2023
Director/Board Member 70 23/05/2023
Director/Board Member 56 10/01/2021

Shareholders: Orange

NameStocks%Valuation
Government of France
13.39 %
356,194,433 13.39 % 6 721 M €
BPIFrance Participations SA /PRIVATE EQUITY/
9.557 %
254,219,602 9.557 % 4 797 M €
Société Générale Gestion SA
3.299 %
87,742,309 3.299 % 1 656 M €
Caisse Des Dépôts & Consignations (Investment Management)
1.809 %
48,108,054 1.809 % 908 M €
CNP Assurances SA (Investment Portfolio)
0.5337 %
14,196,421 0.5337 % 268 M €
NameStocks%Valuation
Managed Asset Portfolios LLC
0.0411 %
1,092,820 0.0411 % 21 M €
Opal Capital LLC
0.0127 %
338,729 0.0127 % 6 M €
RhumbLine Advisers LP
0.003127 %
83,182 0.003127 % 2 M €
RNC Capital Management LLC
0.001405 %
37,361 0.001405 % 705 002 €
Atlas Capital Advisors, Inc.
0.001285 %
34,184 0.001285 % 645 052 €

Holdings: Orange

NameStocks%Valuation
111,600,85074.08% 3 258 M $
664,999,99950.67% 2 533 M $
42,330,00042.33% 2 103 M $
51,427,22176.29% 1 264 M $
95,624,99951% 502 M $
1,456,8480.05% 27 M $
9,541,8737.96% 12 M $

Company details: Orange

Orange SA

111, quai du Président Roosevelt

92130, Paris

+33 1 44 44 22 22

http://www.orange.com
address Orange(ORA)

Group companies: Orange

NameCategory and Sector
Orange Participations Holding, Inc.
Specialty Telecommunications
Data Processing Services
Wirefree Services Denmark AS
Financial Conglomerates

Other Integrated Telecommunications Services

Change 5-day change 1-year change 3-year change Capi.($)
-2.96%+2.54%+24.17%+61.12% 50.66B
-1.36%+2.32%-2.85%+30.50% 235B
+1.52%+0.93%+9.47%+37.35% 194B
-1.25%+1.40%-14.99%+34.87% 148B
-0.42%+2.60%-21.65%+18.50% 80.79B
-4.15%+0.73%-0.20%-6.45% 77.9B
+0.32%-3.24%+29.59%+25.75% 76.41B
-2.84%+0.91%+13.85%+66.92% 56.47B
+1.94%-0.28%+2.62%+1.75% 57.32B
+0.49%+1.39%+7.50%-9.11% 48.21B
Average -0.87%+1.08%+4.75%+26.12% 102.46B
Weighted average by Cap. -0.70%+1.27%+1.93%+28.37%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
16.57EUR
Average target price
19.16EUR
Spread / Average Target
+15.66%

Quarterly revenue - Rate of surprise