Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.04B | 960.29M | 852.99M | 785.15M | 663.41M | Gross Profit |
1.01B | 915.23M | 809.47M | 739.95M | 624.27M | EBIT |
1.01B | 508.73M | 415.47M | 354.75M | 290.70M | EBITDA |
745.35M | 879.25M | 773.16M | 709.98M | 600.02M | Net Income Common Stockholders |
353.90M | 339.50M | 293.34M | 191.40M | 156.67M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
115.00M | 95.08M | 72.85M | 96.32M | 120.21M | Total Assets |
9.15B | 9.35B | 9.26B | 9.36B | 9.09B | Total Debt |
4.64B | 4.30B | 4.15B | 4.15B | 3.83B | Net Debt |
4.53B | 4.21B | 4.08B | 4.05B | 3.71B | Total Liabilities |
5.06B | 5.01B | 4.80B | 4.88B | 4.50B | Stockholders Equity |
4.08B | 4.34B | 4.47B | 4.48B | 4.58B |
Cash Flow | Free Cash Flow | |||
0.00 | 311.96M | 431.95M | 49.44M | 397.33M | Operating Cash Flow |
0.00 | 811.20M | 686.97M | 217.82M | 486.63M | Investing Cash Flow |
0.00 | -269.86M | -254.56M | -168.31M | -2.21B | Financing Cash Flow |
0.00 | -519.13M | -455.88M | -73.40M | 1.77B |
INWIT’s Board of Directors has appointed members to its internal committees, including the Nomination and Remuneration, Control and Risks, Related Parties, Sustainability, and Strategy Committees. This restructuring aims to enhance corporate governance and strategic oversight, potentially impacting INWIT’s operational efficiency and stakeholder relations.
INWIT has completed the first tranche of its share buyback program, purchasing 204,383 ordinary shares at an average price of 10.2265 euros, totaling approximately 2.09 million euros. This strategic move, authorized by the shareholders and board, enhances INWIT’s market position by consolidating its share capital, which now includes 320,390 own shares, representing about 0.034% of its total share capital.
INWIT has initiated the first tranche of a share buyback program, authorized by its shareholders and board, with a maximum allocation of €300 million, as part of its 2025-2030 Industrial Plan. This strategic move aims to optimize capital allocation and may serve purposes such as share cancellation or supporting long-term incentive plans, with purchases conducted through Goldman Sachs and Morgan Stanley on Euronext Milan.
INWIT’s Board of Directors has appointed Oscar Cicchetti as Chairman and confirmed Diego Galli as General Manager, ensuring continuity in leadership and governance. The Board also authorized a share buyback program, allowing for repurchases up to 400 million euros, which could impact the company’s financial strategy and shareholder value.
INWIT’s Shareholders’ Meeting approved the 2024 financial statements, reporting a net profit of 353.8 million euros, and announced a dividend distribution of €0.5156 per share, along with an extraordinary dividend of €0.2147 per share. Additionally, the meeting authorized a share buyback plan of up to 400 million euros and appointed a new Board of Directors. These decisions reflect INWIT’s commitment to enhancing shareholder value and strengthening its market position.
INWIT’s Shareholders’ Meeting has approved the 2024 financial statements, reporting a net profit of €353.8 million, and declared a regular dividend of €0.5156 per share and an extraordinary dividend of €0.2147 per share. The company also announced a share buyback plan worth €400 million and appointed a new Board of Directors, indicating strategic moves to enhance shareholder value and strengthen its market position.
Inwit has successfully concluded a bond repurchase offer, accepting 300 million euros for bonds maturing in 2026, which is 30% of the nominal amount. This move follows a new bond issuance of 750 million euros and is expected to impact the company’s financial strategy by reducing outstanding debt and potentially improving its market positioning.
INWIT has announced the submission of candidate lists for the renewal of its Board of Directors ahead of the upcoming shareholders’ meeting. Major shareholders, including Central Tower Holding Company B.V. and Daphne 3 S.p.A., have proposed candidates, with the board set to remain in office for three financial years. This renewal could impact INWIT’s strategic direction and governance, potentially influencing its market positioning and stakeholder relations.
INWIT successfully issued a new bond worth 750 million euros, with demand exceeding the offer by more than three times, highlighting investor confidence in the company. The bonds, with a 3.75% coupon and a five-year maturity, will support INWIT’s business plan and be listed on the Luxembourg Stock Exchange and Borsa Italiana.
INWIT has announced a strategic financial maneuver involving the repurchase of bonds maturing in 2026 and the issuance of new euro-denominated bonds. This move is part of INWIT’s strategy to manage its debt maturity profile efficiently, potentially impacting its financial stability and offering opportunities for stakeholders involved in the bond market.
INWIT has made available the illustrative reports of its Board of Directors concerning various agenda items for the upcoming shareholders’ meeting. This release, which includes a minor reordering of agenda points, ensures transparency and accessibility for stakeholders, potentially impacting shareholder engagement and decision-making processes.
INWIT has made available the explanatory reports of its Board of Directors for the upcoming Shareholders’ Meeting scheduled for April 15, 2025. These reports can be accessed by the public at the company’s registered office, on its official website, and through an authorized storage mechanism. This announcement ensures transparency and provides stakeholders with necessary information ahead of the meeting.
Inwit has reported significant growth in its financial and industrial indicators for 2024, with a notable increase in revenues and EBITDAaL. The company plans to invest 1.5 billion euros in digital infrastructure from 2025 to 2030, aiming to strengthen its market position and drive growth in the telecom industry. Inwit has also announced a comprehensive shareholder remuneration plan, including dividends and share buybacks, while maintaining a stable financial leverage. The company’s strategic focus includes expanding its tower network, enhancing indoor coverage, and investing in smart city projects, positioning itself as a leader in the ongoing telecom transformation.
INWIT has reported strong financial results for 2024, with significant growth in revenue and EBITDAaL, driven by the addition of over 900 new towers and investments in digital infrastructure. The company has outlined an ambitious industrial plan for 2025-2030, committing 1.5 billion euros to further enhance its infrastructure and maintain its leadership in the telecommunications sector. This plan includes substantial investments in smart city projects and renewable energy initiatives, aiming to strengthen its market position and offer increased shareholder returns.
INWIT S.p.A., a company involved in telecommunications infrastructure, has released guidelines for shareholders regarding the composition of its Board of Directors. This announcement comes ahead of the Shareholders’ Meeting scheduled for April 15, 2025, where the approval of the 2024 financial statements and the renewal of the Board of Directors will be discussed. The guidelines are available on the company’s website and through the authorized storage mechanism 1INFO.
INWIT has appointed Paolo Favaro as a new non-executive and independent director to replace the resigning Antonio Corda. This strategic board change comes ahead of the next Shareholders’ Meeting and has been approved by the Board of Statutory Auditors, potentially signaling a shift in the company’s governance approach.