Orange targets 5.2 billion euros free cash flow by 2028 and lifts dividend

The logo of French telecom operator Orange is seen outside a store in Paris, France, January 21, 2025. REUTERS
Feb 19 – Orange on Thursday presented a new strategic plan targeting organic cash flow of around 5.2 billion euros ($6.1 billion) by 2028, up from around 4 billion euros in 2026, driven by the expected consolidation of its Spanish joint venture MasOrange and growth in cybersecurity and digital services.
The French telecoms operator said it expects organic cash flow to grow at a 12% compound annual growth rate between 2025 and 2028, while lifting its dividend floor to 0.85 euros per share for 2028, payable in 2029, from 0.79 euros for 2026.
Orange confirmed its 2026 core profit targets of 3% annual growth.
($1 = 0.8477 euros)

Reporting by Leo Marchandon in Gdansk

 

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