Announcement • Apr 24
Orange Polska S.A. to Report Q2, 2026 Results on Jul 27, 2026 Orange Polska S.A. announced that they will report Q2, 2026 results on Jul 27, 2026 Announcement • Mar 25
Orange Polska S.A.(WSE:OPL) dropped from WIG 20 Index Orange Polska S.A. has been dropped from the WIG 20 Index. Announcement • Mar 17
Orange Polska S.A. to Report Q1, 2026 Results on Apr 22, 2026 Orange Polska S.A. announced that they will report Q1, 2026 results on Apr 22, 2026 Announcement • Mar 16
Orange Polska S.A., Annual General Meeting, Apr 10, 2026 Orange Polska S.A., Annual General Meeting, Apr 10, 2026. Announcement • Feb 19
Orange Polska S.A. announces Annual dividend, payable on July 08, 2026 Orange Polska S.A. announced Annual dividend of PLN 0.6100 per share payable on July 08, 2026, ex-date on June 23, 2026 and record date on June 24, 2026. Announcement • Dec 12
Orange Polska S.A. to Report Fiscal Year 2025 Final Results on Mar 12, 2026 Orange Polska S.A. announced that they will report fiscal year 2025 final results at 11:30 AM, Central European Standard Time on Mar 12, 2026 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to zł5.75, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Telecom industry in Europe. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł10.39 per share. Announcement • Jul 30
Orange Polska S.A. to Report Q3, 2025 Results on Oct 22, 2025 Orange Polska S.A. announced that they will report Q3, 2025 results on Oct 22, 2025 Announcement • Jul 02
Fortum Oyj (HLSE:FORTUM) completed the acquisition of Orange Energia Sp. z.o.o. from Orange Polska S.A. (WSE:OPL). Fortum Oyj (HLSE:FORTUM) signed an agreement to acquire Orange Energia Sp. z.o.o. from Orange Polska S.A. (WSE:OPL) for PLN 120 million on April 24, 2025. Under the terms approximately PLN 90 million will be paid in cash and an agreed earn-out, the remaining amount will be settled by the beginning of 2029 based on achieved electricity sales volume targets.
In 2024, Orange Energia Sp. z.o.o. reported loss before interest, tax, depreciation and amortization of PLN 22 million.
The transaction is subject to approval by the Office of Competition and Consumer Protection and the transaction remains contingent on regulatory approval. The transaction is subject to customary closing conditions. The expected completion of the transaction is in June or July 2025.
Pawel Zdort, Marek Durski, Lukasz Lech, Iwona Her, Tomasz Kordala of Rymarz Zdort Maruta acted as legal advisor to Fortum Oyj. Pawel Bajno of Bajno, Dubij, Pasternak - Radcowie Prawni Kancelaria Prawnicza sp.p. acted as legal advisor to Orange Polska S.A. Ernst & Young Polska spólka z ograniczona odpowiedzialnoscia sp.k., Investment Banking Arm led by Sebastian Jasinowski acted as financial advisor to Orange Polska S.A. Valor Partners Oy led by Jonas Seemer acted as financial advisor to Fortum Oyj. PricewaterhouseCoopers Oy acted as accountant to Fortum Oyj.
Fortum Oyj (HLSE:FORTUM) completed the acquisition of Orange Energia Sp. z.o.o. from Orange Polska S.A. (WSE:OPL) on June 30, 2025. Announcement • Apr 25
Fortum Oyj (HLSE:FORTUM) signed an agreement to acquire Orange Energia Sp. z.o.o. from Orange Polska S.A. (WSE:OPL) for PLN 120 million. Fortum Oyj (HLSE:FORTUM) signed an agreement to acquire Orange Energia Sp. z.o.o. from Orange Polska S.A. (WSE:OPL) for PLN 120 million on April 24, 2025. Approximately PLN 90 million will be paid in cash. According to an agreed earn-out, the remaining amount will be settled by the beginning of 2029 based on achieved electricity sales volume targets.
In 2024, Orange Energia Sp. z.o.o. reported loss before interest, tax, depreciation and amortization of PLN 22 million.
The transaction is subject to customary closing conditions. The expected completion of the transaction is June 1, 2025 to July 31, 2025. Announcement • Apr 24
Orange Polska S.A. to Report Q2, 2025 Results on Jul 28, 2025 Orange Polska S.A. announced that they will report Q2, 2025 results on Jul 28, 2025 Announcement • Mar 21
Orange Polska S.A., Annual General Meeting, Apr 17, 2025 Orange Polska S.A., Annual General Meeting, Apr 17, 2025. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to zł5.75, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Telecom industry in Europe. Total loss to shareholders of 13% over the past three years. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: zł0.18 (vs zł0.18 in 2Q 2023) Second quarter 2024 results: EPS: zł0.18 (down from zł0.18 in 2Q 2023). Revenue: zł3.12b (down 3.1% from 2Q 2023). Net income: zł231.0m (down 3.3% from 2Q 2023). Profit margin: 7.4% (in line with 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Upcoming Dividend • Jun 18
Upcoming dividend of zł0.48 per share Eligible shareholders must have bought the stock before 25 June 2024. Payment date: 10 July 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 5.9%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (4.5%). Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to zł5.75, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Telecom industry in Europe. Announcement • Mar 26
Orange Polska S.A., Annual General Meeting, Apr 19, 2024 Orange Polska S.A., Annual General Meeting, Apr 19, 2024, at 11:00 Central European Standard Time. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to zł5.75, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Telecom industry in Europe. Total loss to shareholders of 4.7% over the past year. Announcement • Feb 15
Orange Polska S.A. Recommends Payment of Dividend in 2024, Payable on July 10, 2024 On February 14, 2024, the board of directors of Orange Polska S.A. adopted a resolution to recommend to the annual general meeting of shareholders to pay a cash dividend of PLN 0.48 per share in 2024 from 2023 profits. Orange Polska last year paid a PLN 0.35 (EUR 0.08) dividend per share for 2023. The proposed record date is June 26, 2024 and the proposed dividend payment date is July 10, 2024. Announcement • Feb 03
Orange Polska S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025 Orange Polska S.A. announced that they will report fiscal year 2024 results on Feb 19, 2025 Announcement • Jan 19
Orange PL Launches 5G Mobile Services Using 3600 MHz Frequency Orange Polska announced it is launching mobile services in 5G technology using the 3600 MHz frequency. As stated, this is the so-called C-band awarded to the operator by the Polish telecom market regulator UKE as a result of an auction. 5G technology on the new frequencies enables mobile internet speeds of up to more than 1 Gbps. The release states that after receiving the first radio permits from UKE, Orange has just launched 5G services based on the new frequencies at the first base stations in the biggest Polish cities. The availability of this technology will be gradually extended to other locations. At the same time, Orange Polska will continue to offer and develop 5G services on the 2100 MHz frequency using Dynamic Spectrum Sharing technology. It enables the sharing of radio bandwidth between 4G and 5G. Such services have already been on offer from Orange since 2020. Orange Polska reported on Friday that the development of the 5G network requires significant investment. Between 2021 and 2023, Orange's expenditure on the construction of the 5G network and the costs of upgrading the radio access network reached a total of nearly PLN 700 million (EUR 159 million). The operator estimates that over the next three years, investments in these two projects will amount to approximately PLN 1.1 billion (EUR 249.9 million). In addition, the cost of the frequencies auctioned by Orange in the 5G auction is PLN 487 million (EUR 110.6 million). UKE settled the auction of frequencies in the 3400-3800 MHz range in October 2023. Announcement • Oct 26
Orange Polska Provides Earnings Guidance for the Year 2023 Orange Polska provided earnings guidance for the year 2023. The company expected low-to-mid single-digit revenue growth in 2023. Announcement • Jul 26
Orange Polska S.A. Revises Earnings Guidance for the Full Year 2023 Orange Polska S.A. revised earnings guidance for the full year 2023. For the period, the company upgraded revenues to low-to-mid single digit growth (from low single digit growth previously). Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to zł5.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Telecom industry in Europe. Total loss to shareholders of 7.2% over the past three years. Announcement • Jun 30
Orange PL Approves Dividend Payment for 2023, Payable on July 20, 2023 Orange PL shareholders approved a dividend of PLN 0.35 per share from 2022 profit of PLN 756.7 million during the GM. Dividend rights will be set on July 12, 2023 and the payment made on July 20, 2023. Announcement • Jun 03
Orange Polska S.A., Annual General Meeting, Jun 29, 2023 Orange Polska S.A., Annual General Meeting, Jun 29, 2023, at 11:00 Central European Standard Time. Location: Orange Polska S.A. Aleje Jerozolimskie 160, building E, ground floor, the conference hall – K/CK Warsaw Poland Agenda: To consider financial statements for the 2022 financial year; to consider the Management Board's motion on distribution of profit for the 2022 financial year; to consider the Management Board’s report; to consider the Report of the Supervisory Board for the 2022 financial year; to consider the Management Board's motion on distribution of undivided profits; to consider distribution of the profit for the 2022 financial year; to consider approval of the performance of duties of the members of governing bodies in the financial year 2022; and to transact other matters. Announcement • May 24
Orange PL Appoints Liudmila Climoc as the New CEO, Effective as of September 1, 2023 Orange PL appointed Liudmila Climoc as the new CEO, effective as of September 1, 2023 while to-date helmsman Julien Ducarroz will move to take the reins at Orange's Romanian unit. Climoc has been a telecom business insider for 25 years; she previously was the CEO of Orange Moldova, and has been the CEO at Orange Romania since 2016. Announcement • Feb 18
Orange Polska S.A. Provides Revenue Guidance for the Year 2023 Orange Polska S.A. provided revenue guidance for the year 2023. For the period, the company expects revenues to increase at low-single digits, with further growth of core telecommunication services (convergence, mobile and broadband) on the retail markets, coupled with solid revenues from IT & integration, energy resale, and continued high demand for its infrastructure from its wholesale customers. Announcement • Feb 17
Orange PL Recommends Dividend in 2023 Orange PL recommended dividend of PLN 0.35 per share in 2023. In 2022, the company paid its first dividend since 2016, with the payment amounting to PLN 0.25 per share. Announcement • Feb 15
Orange Polska Provides Earnings Guidance for the Fourth Quarter of 2022 Orange Polska provided earnings guidance for the fourth quarter of 2022. For the period, the company expects revenues to be in the range of PLN 3,252 million - PLN 3,339 million, EBIT to be in the range of PLN 201 million - PLN 270.7 million and Attrib. net profit to be in the range of PLN 96 million - PLN 163.4 million. Announcement • Feb 10
Orange Polska Provides Revenue Guidance for 2022 Orange Polska S.A. sees encouraging revenue outlook for 2022 despite inflation, as it vows to continue its "more for more" market approach. Announcement • Dec 17
Orange Polska S.A. to Report Fiscal Year 2022 Results on Feb 15, 2023 Orange Polska S.A. announced that they will report fiscal year 2022 results on Feb 15, 2023 Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to zł6.68, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Telecom industry in Europe. Total returns to shareholders of 16% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: zł0.095 (vs zł0.03 in 1Q 2021) First quarter 2022 results: EPS: zł0.095 (up from zł0.03 in 1Q 2021). Revenue: zł2.93b (flat on 1Q 2021). Net income: zł125.0m (up 221% from 1Q 2021). Profit margin: 4.3% (up from 1.3% in 1Q 2021). Over the next year, revenue is forecast to stay flat compared to a 2.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 27% share price decline to zł5.75, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Telecom industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at zł10.67 per share. 
