Orange targets 5.2 billion euro cash flow and raises dividend floor

Orange expects its organic cash flow to reach 5.2 billion euros by 2028 driven by its Spanish merger. The firm also plans to increase its annual dividend floor.

Insights:
Orange announced a new strategic plan on 19 February 2026, targeting organic cash flow of approximately 5.2 billion euros by 2028. This figure marks a notable increase from the company’s 2026 target of around 4 billion euros. In addition to the revised cash flow goals, the company has established a higher dividend floor, set at 0.85 euros per share for the 2028 fiscal year.
The logo of French telecom operator Orange is seen outside a store in Paris, France, January 21, 2025. REUTERS/Abdul Saboor
The logo of French telecom operator Orange is seen outside a store in Paris, France, January 21, 2025. REUTERS/Abdul Saboor
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