Telecom Italia SPA ( (IT:TITR) ) has issued an announcement.
Telecom Italia SPA reported a positive financial performance in the first quarter of 2025, with total group revenues increasing by 2.7% year-on-year to €3.3 billion. The company’s EBITDA after lease also saw a rise of 5.4% year-on-year to €0.8 billion. The growth was driven by strong performances in both the domestic and Brazilian markets, with TIM Brasil showing a notable 4.9% increase in revenues. The company also highlighted the entry of Poste Italiane into its shareholding, which is expected to increase to 24.81%. The quarter was marked by strategic transformations aimed at enhancing structural efficiency, contributing to a €40 million benefit in EBITDA AL – CAPEX.
More about Telecom Italia SPA
Telecom Italia SPA, operating under the brand TIM, is a leading telecommunications company providing a range of services including mobile, fixed-line, and internet services. The company has a significant presence in both the domestic Italian market and the Brazilian market, focusing on consumer and enterprise segments.
Average Trading Volume: 38,782,892
Technical Sentiment Signal: Buy
Current Market Cap: €7.88B
See more data about TITR stock on TipRanks’ Stock Analysis page.