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First Quarter 2009 Financial Results

05/18/2009 - 11:00 AM

On Thursday, May 7, 2009, a conference call took place to review the Telecom Italia Group's first quarter 2009 financial results, approved by the Board of Directors.

Revenues: 6,793 million euro (-3.8% organic variation compared with the first quarter 2008)

Organic ebitda: 2,835 million euro (-2.4% compared with the first quarter 2008)

Organic ebitda margin: 41.7% (41.1% in the first quarter 2008), up for the third quarter running

Consolidated net income: 463 million euro, equal to 6.8% of revenues (+0.1 pp compared with the first quarter 2008)

Net financial debt: 34,518 million euro (34,039 million euro at year-end 2008; +479 million euro); -918 million euro compared with the first quarter 2008 (35,436 million euro).