tiprankstipranks
Trending News
More News >

TIM Group Reports Revenue Growth and Reduced Losses in 2024

Story Highlights
TIM Group Reports Revenue Growth and Reduced Losses in 2024

Confident Investing Starts Here:

Telecom Italia SPA ( (IT:TITR) ) has issued an announcement.

TIM Group reported a slight increase in total revenues and operating income for 2024, with a 1.5% rise compared to 2023. Despite a challenging financial environment, the company managed to reduce its losses significantly, achieving a 67.1% improvement in profit for the year, attributed to effective cost management and strategic operational adjustments.

More about Telecom Italia SPA

Telecom Italia S.p.A. (TIM) operates in the telecommunications industry, providing a range of services including fixed and mobile telephony, internet, and digital solutions. The company primarily focuses on the Italian market, offering both consumer and business services.

YTD Price Performance: -1.03%

Average Trading Volume: 1,892,457

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €5.63B

For an in-depth examination of TITR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App