France's Orange lifts full-year outlook after quarterly results top estimates
23/04/2026 06:30
April 23 (Reuters) - French telecoms operator Orange ORAN.PA raised its full-year guidance on Thursday after reporting first-quarter earnings that slightly surpassed market expectations. The company now expects earnings before interest, taxes, depreciation and amortization after leases (EBITDAaL) to grow more than 3% this year, an increase from its previous forecast of around 3%. Revenue for the first quarter of 2026 rose 3.5% to 10.1 billion euros ($11.8 billion), just above a company-compiled consensus estimate of 10 billion euros, buoyed by sustained double-digit percentage growth in the Africa & Middle East region and solid performance in its European markets. Quarterly EBITDAaL jumped 6.6% to 2.60 billion euros, also outpacing market expectations of 2.58 billion euros. ($1 = 0.8548 euros) (Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak) ((leo.marchandon@thomsonreuters.com))