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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Orange    ORA   FR0000133308

ORANGE (ORA)
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Orange : French group Orange eyes growth from cybersecurity businesses

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10/05/2017 | 08:39pm CET
Michel Van Den Berghe, head of the Orange Cyberdefense division, speaks during the opening of the Orange Cyberdefense division headquarters of French telecoms group Orange at Nanterre

Orange expects growth from cybersecurity services and aims to recruit 1,000 staff in this area by 2020, France's biggest telecoms group said on Thursday.

Michel Van Den Berghe, head of the Orange Cyberdefense division, told reporters that Orange aimed to generate 350 million euros (£312.25 million) from cybersecurity services by 2020, up from 250 million euros at present.

Governments and corporations around the world are looking at ways to better protect themselves against computer hackers amid concerns over electoral campaigns, the day-to-day running of businesses and risks posed to national security.

In June, a cyber attack wreaked havoc around the globe, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia.

(Reporting by Mathieu Rosemain; editing by Jason Neely)

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Financials (€)
Sales 2017 41 039 M
EBIT 2017 5 749 M
Net income 2017 2 580 M
Debt 2017 25 513 M
Yield 2017 4,47%
P/E ratio 2017 16,03
P/E ratio 2018 13,96
EV / Sales 2017 1,57x
EV / Sales 2018 1,55x
Capitalization 38 943 M
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Orange Technical Analysis Chart | ORA | FR0000133308 | 4-Traders
Technical analysis trends ORANGE
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 16,7 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Stéphane Richard Chairman & Chief Executive Officer
Ramón Fernández CFO, Deputy CEO-Finance & Strategy
Mari-Noëlle Jégo-Laveissière SEVP-Innovation, Marketing & Technology
Charles-Henri Filippi Lead Independent Director
Helle Kristoffersen Independent Director
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