Orange lifted its full-year earnings guidance following a 13% revenue increase in Africa and the Middle East, driven by retail services expansion. The French telecom giant reported Q1 revenue of €10.095 billion, up from €9.755 billion year-on-year, with comparable revenue growth of 2.3% in France and 2.2% across Europe. Africa and Middle East markets saw 13% growth, attributed to mobile data, fixed broadband, Orange Money, and B2B services. EBITDA guidance was raised above 3%, up from prior projections, while organic cash flow remains stable at €4 billion ($4.68 billion).

Capital expenditures are set to expand at 15% of revenue, signaling continued investment in infrastructure. Orange’s strategic focus on emerging markets and digital services has bolstered investor confidence, though geopolitical risks in key regions could temper long-term momentum. Analysts note the results highlight Orange’s resilience in competitive telecom sectors.