Doubt over strategy overshadows Orange's faith in targets


FILE PHOTO: A woman walks past the logo of French telecom operator Orange at the telecommunication company headquarters in Issy-les-Moulineaux near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier

PARIS (Reuters) - Investors penalised Orange on Tuesday for a lack of strategic certainty, dismissing the French telecoms operator's claims it is on track to fulfil targets and turn around its stagnating enterprise division.

Shares fell by as much as 3% and were down by about 2.4% at 0951 GMT, making the stock the second-worst performer in the France's blue-chip index CAC 40.

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