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Financial results 2025 (18 February 2026)
Success of the Lead the Future 2023-2025 strategic plan and 2025 targets fully achieved.
Orange delivered very strong results in 2025, with EBITDAaL growth of +3.8% and organic cash flow growth of +8.3% to €3.7 billion, robust net sales in France, Europe and Africa & Middle East, and double-digit growth in revenue and EBITDAaL in Africa & Middle East. Efficiency plans support the achievement of these results.
Orange unveils “Trust the future”, a new strategic chapter built on trust to unlock growth
After successfully delivering all the ambitions of Lead the future 2023–2025, Orange opens a new chapter for the next 5 years.
Trust the future places trust as a key competitive advantage, at the heart of the Group’s services and operating model, to reinforce its role as the trusted partner for always-available connectivity, broader digital services, and to unlock a new phase of growth.
Bouygues Telecom, the Free–iliad Group and Orange enter exclusive negotiations with the Altice France group for the acquisition of SFR
Following the due diligence phase initiated in 2026, Bouygues Telecom, the Free–iliad Group and Orange announce that they have submitted a new offer and are starting exclusive negotiations with the Altice France group with a view to acquiring SFR.
This offer reflects a total enterprise value of 20.35 billion euros for the Altice France assets under consideration. Altice France has granted an exclusivity period to the Consortium until 15 May 2026 in order
to finalize the terms and the transaction documents.
to finalize the terms and the transaction documents.
