Find Your Broker
Share Name Share Symbol Market Type
Telecom Italia BIT:TIT Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.0309 € +6.40% 0.5136 € 0.5136 € 0.514 € 0.5204 € 0.50 € 0.501 € 250,334,545 16:35:02

Telecom Italia Sees 2018 Domestic Earnings Lower on Year

18/01/2019 6:34am

Dow Jones News


Telecom (BIT:TIT)
Historical Stock Chart

1 Month : From Jan 2019 to Feb 2019

Click Here for more Telecom Charts.
   By Nathan Allen 
 

Telecom Italia SpA (TIT.MI) said Friday that 2018 earnings from its domestic business unit are expected to be lower than in 2017, based on preliminary figures.

Organic earnings before interest, taxes, depreciation and amortization for 2018 should be a mid-single digit lower than in the year-earlier period, the Italian telecom group said.

Net debt should be around 25.2 billion euros ($28.70 billion) following the payment of EUR5113 million for licenses, Telecom Italia said.

The company said that all figures are subject to change as it is still preparing official financial statements.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

January 18, 2019 01:19 ET (06:19 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Telecom Chart

1 Year Telecom Chart

1 Month Telecom Chart

1 Month Telecom Chart
Your Recent History
BIT
TIT
Telecom
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20190217 16:16:06