A good Q3 performance despite a slowdown in growth in Spain. Quarter after quarter, the group is confirming it has crossed an inflection point in terms of revenue and EBITDA growth. Orange’s dividend has been raised to €0.65 in 2017 and looks to be €0.7 for 2018. We believe that the prospect of a regular rise in the dividend in the coming years, if it officially committed to this, would be likely to make Orange’s stock break the €15 level.
25 Oct 2018
Convergent offers in France do well
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Convergent offers in France do well
Orange SA (ORA:WBO) | 0 0 1.0% | Mkt Cap: 36,230m
- Published:
25 Oct 2018 -
Author:
Jean-Michel Salvador -
Pages:
3
A good Q3 performance despite a slowdown in growth in Spain. Quarter after quarter, the group is confirming it has crossed an inflection point in terms of revenue and EBITDA growth. Orange’s dividend has been raised to €0.65 in 2017 and looks to be €0.7 for 2018. We believe that the prospect of a regular rise in the dividend in the coming years, if it officially committed to this, would be likely to make Orange’s stock break the €15 level.