Telecom Italia und Telekom Austria vs. Tele Columbus und Orange – kommentierter KW 17 Peer Group Watch Telekom

Scheid
zu DTE (22.04.)

Bei der Deutschen Telekom rückt die Bekanntgabe der Q1-Zahlen am 24. April näher. Bereits vor diesem Termin haben sich die Analysten von Barclays den Wert näher angesehen. In einer Studie wurde das Kursziel zwar von 42 auf 41 Euro gesenkt. Begründet wird dies mit Währungsschwankungen. Insgesamt stehen die Experten der Bonner Aktie aber weiter sehr positiv gegenüber. Dementsprechend wurde das Rating „overweight“ bestätigt.

Scheid
zu DTE (22.04.)

Bei der Deutschen Telekom rückt die Bekanntgabe der Q1-Zahlen am 24. April näher. Bereits vor diesem Termin haben sich die Analysten von Barclays den Wert näher angesehen. In einer Studie wurde das Kursziel zwar von 42 auf 41 Euro gesenkt. Begründet wird dies mit Währungsschwankungen. Insgesamt stehen die Experten der Bonner Aktie aber weiter sehr positiv gegenüber. Dementsprechend wurde das Rating „overweight“ bestätigt.

TheseusX
zu FTE (25.04.)

Financial resultats at 31 March 2025 Orange posts robust first-quarter results and confirms its 2025 targets Solid retail commercial performance EBITDAaL up +3.2% 2025 financial targets confirmed Proposal to the Annual General Meeting of a dividend of €0.75 per share         Commenting on these results, Christel Heydemann, Orange’s Chief Executive Officer, said: “Orange delivered robust first quarter results, in line with our forecasts, with EBITDAaL growth of 3.2%. In an uncertain economic context, these results demonstrate the resilience of our business and the trust our customers have in the quality of our services across all our regions. In France, we maintained our commercial discipline and continued to grow retail revenues, thanks to strong performances in fiber and convergence. In a competitive environment, the variety of our offers across all market segments and the satisfaction of our customers make Orange the leader by market share, NPS and churn.   The Africa & Middle East region experienced exceptional double-digit revenue growth for the eighth consecutive quarter. All growth engines are performing well, in particular our data offers, which represent 60% of growth this quarter. This momentum is driven by our 4G and 5G networks, used by more than 80 million customers, as well as the deployment of digital services, such as our Max it super app, which now has close to 20 million users.   In the B2B market, Orange Cyberdefense’s growth remained solid at 8%, driven mainly by the robust performance in France. Orange Business, which continues to enact its transformation plan, also launched 5G+ in France and new trusted GenAI offers through Live Intelligence Open in Europe.   Finally, during this quarter, we signed three agreements with our trade unions in France, in particular the unanimous agreement reached on Employment and Career Path Planning for France (Gestion des Emplois et des Parcours Professionnels - GEPP), which will enable us to train, recruit and support the deployment of our teams. These agreements lay the foundations for working with our employees to meet future technological, economic and environmental challenges.”   First quarter 2025 revenues reached 9,911 million euros, up 0.6% year on year1 (+62 million euros) thanks to growth in retail services (+2.4% or +181 million euros) and a smaller decline in wholesale services (-3.1% or -44 million euros). Equipment sales were 5.7% lower (-38 million euros) and other revenues were down 13.9% (-37 million euros). [...] The Group can therefore confirm its financial targets for 2025: EBITDAaL growth of around +3% Discipline on eCAPEX in line with the Capital Market Day Organic cash flow from telecom activities of at least 3.6 billion euros Net debt/EBITDAaL ratio from telecom activities unchanged at around 2x in the medium term   Dividend   Payment of a dividend of 0.75 euros per share in respect of the 2024 fiscal year will be proposed to the Annual Shareholders’ Meeting in 2025. For fiscal year 2025, Orange has set a dividend floor of 0.75 euros per share.