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Orange Polska SA (0GB7.L)

0GB7.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Polish Orange unit to accelerate real estate sales
Tuesday, 25 Oct 2016 08:00am EDT 

Orange Polska SA : Chief Financial Officer at Orange Polish unit Orange Polska said on Tuesday the company will try to accelerate the sale of its real estate assets. . The company, which is Poland's biggest fixed line telecom operator, said last year its real estate assets for sale were worth 1 billion zlotys ($252.82 million) at the time. . Maciej Nowohonski also a news conference that the company considers selling up to 800 million zlotys of handset clients receivables. . On Monday Orange Polska reported a bigger than expected third quarter net profit. [nFWN1CU0U9] Further company coverage: [OPL.WA] ($1 = 3.9554 zlotys) (Reporting by Marcin Goettig; Writing by Marcin Goclowski; Editing by Agnieszka Barteczko) ((marcin.goclowski@thomsonreuters.com;)).  Full Article

Polish Orange unit expects its mobile business to grow
Tuesday, 26 Jul 2016 07:22am EDT 

Orange Polska : Polish Orange unit Orange Polska sees its mobile business growing in the coming quarters while its fixed line segment will continue to decline, the company's chief financial officer said. . "We would like to keep trends in the mobile segment and show an increase here in the coming quarters," Maciej Nowohonski told a news conference. Further company coverage: [OPL.WA] (Reporting by Adrian Krajewski; Writing by Agnieszka Barteczko; Editing by Marcin Goettig) ((agnieszka.barteczko@thomsonreuters.com;)).  Full Article

Polish Orange unit sees Q3 cash generation lower Q/Q
Tuesday, 26 Jul 2016 05:45am EDT 

: Chief Financial Officer at Polish Orange unit said on Tuesday he expected cash generation in the third quarter to be lower than in the second quarter. . "We expect cash generation to be lower in the third quarter than in the previous semester. The facts impacting this are our license fees and the interest we pay," Maciej Nowohonski told a conference call. . Orange Polska closed the second quarter with organic cash flow of 342 million zlotys or more than double the amount booked year ago. Further company coverage: [OPL.WA] (Reporting by Adrian Krajewski Writing by Agnieszka Barteczko) ((agnieszka.barteczko@thomsonreuters.com;)).  Full Article

Orange Polska SA shareholders resolved to pay FY 2015 dividend of 0.25 Polish zloty per share
Tuesday, 12 Apr 2016 11:28am EDT 

Orange Polska SA:Its shareholders resolved to pay FY 2015 dividend of 0.25 Polish zloty per share.Dividend day is June 22 and dividend will be paid on July 7.  Full Article

Orange Polska SA sees 2018 revenue above analysts' estimates - Reuters
Tuesday, 16 Feb 2016 06:31am EST 

Orange Polska SA:Sees its revenues in 2018 similar to 11.84 billion Polish zlotys reported for 2015, the company's chief financial executive, Maciej Nowohonski told a conference call on Feb. 16 - Reuters.Earlier during the call Nowohonski said he saw the company's revenues and EBITDA, or earnings before interest, taxes, depreciation and amortization, to grow again in 2018.FY 2018 revenue at 11.3 bln zlotys - Thomson Reuters I/B/E/S.  Full Article

Orange Polska SA's CEO says company plans to pay out excess cash as dividend in future years - Reuters
Tuesday, 16 Feb 2016 05:50am EST 

Orange Polska SA:Orange CEO said on Feb. 16 that the company intends to pay out excess cash as dividend in future years - Reuters.  Full Article

Orange Polska SA says Jean-Francois Fallacher to replace Bruno Duthoit as company's chief executive officer-Reuters
Thursday, 4 Feb 2016 09:30am EST 

Orange Polska SA:Jean-Francois Fallacher will replace Bruno Duthoit as the chief executive of Poland's Orange as of May 1-Reuters.Fallacher, born in 1967, has been the CEO of Orange Romania since 2011.  Full Article

Orange Polska SA receives regulatory decision on LTE frequency
Monday, 25 Jan 2016 12:26pm EST 

Orange Polska SA:Receives reservation decision on LTE frequency issued by president of Poland’s Office Electronics Communication (UKE).President of the UKE has granted Orange Polska the frequencies in the 800 MHz and 2600 MHz bands.receives licenses of two blocks of 2x5 MHz each in 800 MHz band (blocks A and B) and licenses for three blocks of 2x5 MHz each in 2600 MHz band (blocks J, K and L).The frequency licenses are valid for 15 years from the date of receipt of decision.to pay 3.17 billion Polish zlotys for frequencies, however, this amount includes the bid bond paid before the auction.  Full Article

Orange Polska SA - Orange says 2,050 employees may leave in 2016-2017 - Reuters
Wednesday, 2 Dec 2015 09:02am EST 

Orange Polska SA:Orange's ORAN.PA Polish unit said on Wednesday it signed an agreement with trade unions for 2016-2017, under which up to 2,050 employees, who have been employed for at least 10 years, may leave through a voluntary departure scheme.Up to 1,030 employees may leave the company through the scheme next year, Orange said in a statement.The compensation package will depend on the departing employee's seniority, according to the company's corporate collective labour agreement, Orange Polska said.In 2016 the compensation will be increased by 5,000 zlotys ($1,240) for employees with between 10-15 years of service, 10,000 for those with 15-20 years and 26,000 for those with over 20 years.Orange Polska and trade unions have also agreed on 2.5 percent pay rises in 2016 and 2017.Once calculated, the financial impact of the agreement will be taken into account in this year's fourth-quarter results, the company said.  Full Article

Orange Polska SA unit cuts dividend-Reuters
Wednesday, 21 Oct 2015 12:36pm EDT 

Orange Polska SA:Flagged dividend payout a half lower after it won new mobile broadband frequencies at a cost of 3.2 billion zlotys-Reuters.Says it might offer a payout of 0.25 zlotys per share in 2016, compared to the 0.50-zloty dividend it paid this year.  Full Article

More From Around the Web

BRIEF-Orange Polska not to engage in aggressive mobile price strategies-CEO

* The chief executive of Orange Polska, Jean-Francois Fallacher, says company not to engage in aggressive mobile pricing strategies