Orange PL telco raises EBITDAaL forecast, lowers revenue expectations in 2024

Listed telecom operator Orange Polska has raised its 2024 EBITDAaL growth forecast to low or mid single-digit growth from low single-digit growth previously. This year's revenue forecast was lowered to stabilisation or low single-digit decline, the company said in a market filing.

"Full-year forecast updated to reflect current trends: we anticipate a stable level or low single-digit decline in revenues as a result of declining energy resale, while solid performance in key services and lower indirect costs allow us to raise the full-year EBITDAaL forecast to low to mid-single-digit growth," Orange's filing said.

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