Telecom Italia: Q3 revenues down 5%
(CercleFinance.com) - Telecom Italia has reported Q3 revenue of 3.
9 billion euros (-5% year-on-year in organic terms), with an improvement in growth sequentially (+5 points).
The group's quarterly organic EBITDA came in at 1.8 billion euros (-7.9% year-on-year), while reported net income, group share reached 500 million euros in Q3 and 1,178 million euros for the first nine months (+38% year-on-year).
In addition, the group has confirmed its guidance for 2021.
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9 billion euros (-5% year-on-year in organic terms), with an improvement in growth sequentially (+5 points).
The group's quarterly organic EBITDA came in at 1.8 billion euros (-7.9% year-on-year), while reported net income, group share reached 500 million euros in Q3 and 1,178 million euros for the first nine months (+38% year-on-year).
In addition, the group has confirmed its guidance for 2021.
Copyright (c) 2020 CercleFinance.com. All rights reserved.