The Orange telecommunications group recorded a loss of 105 million euros in the first half, but is confident for the whole year

The Orange telecommunications group recorded a loss of 105 million euros in the first half. Similarly, weighted by an agreement on employment concluded in February, but is confident for the whole year, according to the results revealed by the group.

Apart from these exceptional provisions, which amount to almost 1.3 billion euros and mainly concern a part -time system for senior employees, the group recorded a profit of 1.2 billion euros. Moreover, An increase of 6.9% compared to the previous year.

The company’s turnover is stable, at 19.9 billion euros, an annual increase of 0.3% on a comparable based.

Over the first six months of 2024. However, the gross operating surplus after rents (Ebitdaal), a reference indicator of the sector, amounts to 5.7 billion euros, up 3.8% over one year and with comparable base.

“Orange achieves a solid first half -semester which allows orange telecommunications group recorded loss us to note our ambition of growth of the Ebitdaal in 2025. ” said the director general of the group Christel Heydemann, quoted in a press release. Orange now targets growth in its Ebitdaal greater than 3%.

As usual. group growth is largely carried by its activities in Africa and the Middle East, where its turnover is increasing by 12.8% in the first half.

In France, its main market, turnover fell by 2.2%, to 8.6 billion euros, while in Europe its income is stable at 3.5 billion euros.

The group also reiterated its desire to see a consolidation of the sector lead. in the event of a sale of the SFR operator.

“There are obviously preliminary discussions between the operators (…). we are definitively ready to commit ourselves and follow the situation actively,” said the financial director of the Laurent Martinez group during a call conference.

The Orange Business subsidiary, which specializes in services to orange telecommunications group recorded loss professionals, records a decrease of 5.4%, to 3.7 billion euros on the semester.

Asked about the cyber attack discovered Friday. revealed Monday evening by Orange, the director general said that “it is too early to say that we draw all the conclusions and that the risks are dismissed since we still have mobilized teams”.

After announcing at the beginning of the year the conclusion of a binding agreement between Masorange. the co-enterprise owned in equal parts with Masmovil and Vodafone Spain for the creation of a “fiberco”, a shared fiber optic network, Orange brought more details on Tuesday. According to the group, this partnership should lead “at the end of summer”.