Orange

A solid Q4 but a misunderstanding regarding the towers assets

22/02/21 -"The EBITDAaL was eventually down by 1% yoy but should have grown by 3.2% excluding the COVID-19 impact. Despite this solid performance and the return to normal of its dividend, the stock is still ..."

PDF page sample
Pages
55
Language
English
Published on
22/02/21
Download
You may also be interested by these reports :
02/09/26
Investment case
02/09/26
SES is currently being priced as a structurally declining satellite operator facing an increasingly existential competitive threat from LEO ...
28/08/26
Telenor’s (Add ; Norway) share price halved in 2022, not only due to rising interest rates affecting the sector, but also due to investor concerns ...
10/08/26
We have updated our model after Q2 26 results. We have slightly reduced our sales growth and operating margin projections. Our operating margin has ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO