TIM Group (TIIAY)
OTHER OTC:TIIAY
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Earnings Data
Report Date
Jul 29, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely constructive operational and strategic picture: core revenue and underlying EBITDA trends were healthy once the planned MVNO phasing is excluded; TIM highlighted clear growth engines (TIM Enterprise, cloud/sovereign solutions, TIM Brazil), disciplined CapEx, progress on capital structure moves, and proactive AI and product strategies (TIM Premium). Near-term headwinds include MVNO-related revenue/EBITDA drag, seasonal working capital absorption leading to a negative equity free cash flow in Q1, a one-off pre-retirement provision, and regulatory/corporate uncertainties tied to the Poste offer and tower/MSA dynamics. Management confirmed full‑year guidance and outlined a back‑end loaded EBITDA profile (Q1 contribution ~19% rising to ~29–31% in Q4), signaling confidence in execution. Overall, positive operational momentum and strategic initiatives outweigh the transitory financial and corporate uncertainties.Company Guidance
Group revenue growth and underlying strength
Group revenues increased 1.4% y/y to EUR 3.3 billion; excluding the MVNO impact revenues grew 3.1% y/y, indicating continued commercial momentum across core businesses.
Underlying EBITDA resilience excluding MVNO
Reported EBITDA after lease declined 2.7% to EUR 0.8 billion, but excluding MVNO the underlying business delivered 4.1% y/y EBITDA after lease growth, reflecting operating leverage and tight cost control.
Disciplined CapEx and improved cash profitability metric
Group CapEx was EUR 0.4 billion (12.5% of revenues). EBITDA after lease minus CapEx increased by over 5% to approximately EUR 0.4 billion.
Domestic business stabilization once MVNO excluded
Domestic total revenues were EUR 2.2 billion (-0.9% y/y) and service revenues were flat; excluding MVNO, domestic total revenues grew 1.5% and service revenues grew 3.0% y/y. Domestic EBITDA after lease was EUR 0.4 billion (-8.2% y/y) but excl. MVNO it grew 4.5%.
Strong TIM Consumer KPIs and successful repricing
Wireline ARPU +5.4% y/y and Mobile ARPU +1.0% y/y. More than 4 million wireline and mobile consumer lines repriced in Q1, with churn remaining under control and retail performance showing resilient growth (retail +0.4% y/y normalized).
TIM Enterprise momentum and sovereign cloud leadership
TIM Enterprise recorded its 15th consecutive quarter of growth; Cloud grew 15% y/y and accounted for 44% of Enterprise service revenues. National Strategic Hub revenues grew ~50% y/y. Company plans ~EUR 500 million investment in sovereign infrastructure 2026–2028.
TIM Brazil continued profitable growth
TIM Brazil delivered mid-single-digit top-line growth driven by mobile service revenues and upselling, with mid-single-digit EBITDA after lease growth above inflation and high single-digit growth in cash generation; Brazil remains operationally disciplined with highest ARPU in market.
Capital structure and corporate actions progressing
Share capital reduction completed (EUR 11bn to EUR 6bn) with savings-share conversion on track to complete by end of May; reverse stock split (10:1) planned for June; share buyback authorization up to EUR 0.4 billion (execution subject to Sparkle disposal).
Tower & network strategy to reduce structural costs
Preliminary RAN-sharing agreement with Fastweb covering ~15,500 existing sites; non-binding tower JV with Fastweb envisaging ~6,000 new sites; plan to utilize ~8,500 third-party towers and a pathway to potential INWIT exit over ~10 years to lower OpEx/CapEx.
AI and TIM Premium strategic initiatives
Launch of TIM Premium (high-performance connectivity) and large-scale AI deployment plans: target ~50% inbound calls handled by AI, 70% back-office automation, and 50% reduction in issue resolution time; go-live targeted H2 2027 to drive efficiency and service differentiation.
Leverage and balance sheet position
Net debt after lease at EUR 7.3 billion with leverage ratio ~1.99x, showing moderated leverage while progressing corporate actions and investments.
TIIAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TIIAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $7.65 | $7.81 | +2.06% |
Feb 24, 2026 | $7.64 | $7.65 | +0.22% |
Nov 05, 2025 | $5.67 | $5.61 | -1.23% |
Aug 05, 2025 | $4.79 | $4.91 | +2.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does TIM Group (TIIAY) report earnings?
TIM Group (TIIAY) is schdueled to report earning on Jul 29, 2026, TBA (Confirmed).
What is TIM Group (TIIAY) earnings time?
TIM Group (TIIAY) earnings time is at Jul 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TIIAY EPS forecast?
TIIAY EPS forecast for the fiscal quarter 2026 (Q2) is 0.12.