History Article
Close
This article was published on August 7, 2015 at 8:35.
The last change is the August 7, 2015 at 09:21.
Provisions for 399 million euro weighed on the first six months of Telecom and crush the useful 29 million euro, of which 80 in the first quarter. It said in a statement in which they report the results of the period and it is emphasized that in the absence of such impacts the profit would result in over 650 million Euros. Sales were down 4.3% to 10.1 billion. The title gives 1.8% on the Stock Exchange after the announcement of the results.
The adjusted net financial debt at June 30, 2015 amounted to 26.992 million euro, a decrease of 366 million compared to June 30, 2014 (27,358,000 euro), but an increase of 341 million euro compared to 31 December 2014 (26,651,000 euro). This item reflects, in addition to the impacts associated with the operational and financial management and payment of taxes and dividends, proceeds from its IPO of Inwit in the domestic market and the sale of the property of the towers in Brazil which was offset by the recognition of a higher debt to finance leases (IAS 17) of the building project and for the leaseback of a portion of the towers in Brazil.
For 2015 expected improvement in operating performance in Italy and Brazil
Telecom Italy plans for the current year, in line with the trend described in the three-year plan from 2015 to 2017 , “a gradual improvement in operating performance both in the domestic market (with stabilization target EBITDA in 2016) and in Brazil,” the note indicates the group TLC.
The group will continue to invest. “Investments in the scope of Domestic horizon of plan will amount to about 10 billion Euros, of which about 5 billion Euros dedicated exclusively to the innovative (NGN, LTE, Cloud Computing, Data Center, Sparkle and Transformation) which, 2017 , can be in the 75% of the population with fiber and over 95% of the population with 4G, “recalls the statement. “In Brazil – is emphasized – the investments will rise to 14 billion reais, with a goal by 2017 to expand 4G coverage to more than 15,000 sites and the 3G in more than 14,000 sites.”
Patuano: Second quarter results show improvement in Italy
“The results of the second quarter showed a solid trend of improvement in sales in Italy increased by 113 million euro compared to the first three months of ‘ year with increases in both the wireline and the mobile. ” So the CEO of Telecom Italy, Marco Patuano said accounts. Tim, said the manager, “has once again confirmed the first mobile operator in the country, an increase of 21.8% in revenues from innovative services compared to 2014″. Patuano also said that “the ultra-wideband fixed clearly shows the benefits of the agreements we are signing with content providers, with an increase in the demand for free. Even the industrial margins continued in the path of improvement, while the absolute figure reflects non-recurring factors and technical provisions related to regulatory and legal affairs are still open for which we hope to reach positive solutions. ” In fact, he said the CEO, “the result Domestic underlying EBITDA – excluding the impact of non-recurring is that of other exceptional items – showed a trend of sequential improvement, with a decline in the second quarter of 2015 by 2.7% yoy, an improvement compared to that recorded in the first three months of the year (-4.8%). “
In Italy revenues for the first half 7,3mld, down 2, 1%
In Italy in the first half of 2015 Italy Telecom reported revenues down 2.1% (-2.5% in organic terms) to 7.3 billion euro (7.5 billion in the first half of 2014). “The performance of the first half of 2015, in terms of changes over the same period of 2014, still shows a decrease (-2.1%, -156 million euro), but confirms the recovery trend observed since the second half the previous year, “says the statement of the group TLC.
© ALL RIGHTS RESERVED
Permalink
No comments:
Post a Comment