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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Telecom Italia S.P.A. New | NYSE:TI | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.63 | 0.00 | 01:00:00 |
By Manuela Mesco
MILAN--Italy's Telecom Italia said Friday its third-quarter net profit surged 43% from a year earlier, to EUR477 million ($529.8 million), reflecting efficiency gains from the company's turnaround plan started earlier this year.
The country's largest telecom operator said that earnings before interest tax depreciation and amortization, or Ebitda, rose 8.5% year-over-year, to EUR2.15 billion, while Ebit was up 6.2% at EUR1.1 billion.
Revenue for the quarter stood at EUR4.8 billion, up 1.4% from the same period a year earlier.
Write to Manuela Mesco at Manuela.Mesco@wsj.com
(END) Dow Jones Newswires
November 04, 2016 09:00 ET (13:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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