Orange has released its financial results for the year 2024, showing strong results and meeting its targets with a 2.7% year-on-year increase in EBITDAaL and an Organic Cash Flow of 3.4 billion euros. The company is accelerating the implementation of its "Lead the Future" strategic plan and has raised its 2025 Organic Cash Flow target to at least 3.6 billion euros, further confirming its positive outlook for the year ahead.
2024 revenues reached 40,260 million euros, up 1.2% (+487 million euros) compared to the previous year, driven by growth in retail services (+2.7% or +794 million euros) and a smaller decline in wholesale services (-5.2% or -325 million euros) mainly due to higher unbundling and civil engineering rates in France during the first quarter. Other revenues (+6.0% or +59 million euros) offset the decline in equipment sales (-1.4% or -41 million euros).
The Africa & Middle East region is the prime contributor to this growth, with revenues increasing 11.1% (+770 million euros), propelled by increases from its four growth engines: Mobile data (+18.4%), Fixed broadband (+19.5%), Orange Money (+20.4%), and B2B activities (+12.5%).
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