Orange achieved record first half growth both in revenue (+3.5%) and EBITDAaL (+5.0%)

Christel Heydemann, Orange group CEOThe Group delivered revenues of €20.9 billion in the first half of 2026, representing a +3.5%[4] increase year-on-year. Excluding these non-recurring items, which include co-financing received for the fiber network, Group revenue growth for the first half would be approximately +3.0%. At the Group level, excluding non-recurring items from the first quarter related to wholesale in France, EBITDAaL growth would be +3.7%. Organic cash flow[5] reached €2.2 billion at June 30, 2026, an increase of €497 million, primarily driven by strong EBITDAaL growth. On June 8, 2026, the Orange Group completed the acquisition of Lorca’s 50% stake in MasOrange and now holds 100% of the Spanish operator’s capital.