A very good set of Q1 results confirming and even accentuating the better trends already recorded in the Q4 16. Revenues were up organically by 2.7% yoy (vs +0.8% in Q4) while the EBITDA (excluding the negative impact of non-recurring items) increased sharply by 8.1% yoy (vs +5.9% in Q4)! EBITDA continued to clearly benefit from the actions implemented in the “cost recovery plan” that started in Q2 16 in the Domestic Business and in Q3 16 in the Brazil Business. Note that reported
04 May 2017
A very good set of Q1 results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A very good set of Q1 results
Telecom Italia S.p.A. (TIT:WBO) | 0 0 0.6% | Mkt Cap: 14,111m
- Published:
04 May 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
A very good set of Q1 results confirming and even accentuating the better trends already recorded in the Q4 16. Revenues were up organically by 2.7% yoy (vs +0.8% in Q4) while the EBITDA (excluding the negative impact of non-recurring items) increased sharply by 8.1% yoy (vs +5.9% in Q4)! EBITDA continued to clearly benefit from the actions implemented in the “cost recovery plan” that started in Q2 16 in the Domestic Business and in Q3 16 in the Brazil Business. Note that reported