Orange SA shares climb on in-line Q3 results By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
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Source: Investing.com
Strong Financial Performance: Orange SA's shares rose 1.7% following third-quarter results that met analysts' expectations, with EBITDAaL up 3% and operational free cash flow increasing by 7% year-over-year, driven by improved performance in France and strong growth in the Middle East and Africa.
Investor Focus on Price Competition: Analysts suggest that the upcoming Investor Call will be crucial for understanding the impact of a recent price war in France, although Orange has maintained stability in mobile net additions and convergence despite some challenges in its business solutions division.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
