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Orange Boosts 2026 Outlook After Strong Q1, Africa Gains

4/23/2026

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Summary

Story summary

Orange raised its 2026 earnings outlook after Q1 results beat expectations.
Q1 EBITDA rose 6.6% to €2.60 billion, beating the €2.58 billion consensus, while revenue grew 3.5% to €10.1 billion, beating the €10 billion forecast.
Africa and the Middle East revenue rose 12.7%, with mobile-data use jumping 19.4%.
CFO Laurent Martinez said the group is hedged on energy costs through 2026 and 90% covered for 2027, with Globecast sale set to close in 2026.

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Story summary

Orange raised its 2026 earnings outlook after Q1 results beat expectations.
Q1 EBITDA rose 6.6% to €2.60 billion, beating the €2.58 billion consensus, while revenue grew 3.5% to €10.1 billion, beating the €10 billion forecast.
Africa and the Middle East revenue rose 12.7%, with mobile-data use jumping 19.4%.
CFO Laurent Martinez said the group is hedged on energy costs through 2026 and 90% covered for 2027, with Globecast sale set to close in 2026.