Orange Raises 2025 EBITDAaL Growth Guidance after Solid Q3 Results

Telecommunications companies Nokia and Orange both reaffirmed and raised their financial targets for 2025 following strong quarterly performances. Nokia maintained its operational outlook but adjusted its operating profit guidance upward due to changes in venture fund reporting. Orange reported solid Q3 revenue slightly above expectations and raised its EBITDAaL growth forecast to at least 3.5%, supported by a 0.8% revenue increase and growth in customer numbers, surpassing 300 million globally. The company highlighted strong performance in Africa and the Middle East, with double-digit revenue growth for the tenth consecutive quarter, and noted ongoing strategic activities including joint acquisition offers for assets in France and Spain. Orange's CEO emphasized the group's operational efficiency, cost control, and commitment to network investments and technology advancements like AI. These results and strategic moves underscore both companies' confidence in their growth prospects and operational strength in a competitive telecom market.