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First Half 2009 Results

08/28/2009 - 09:00 AM

On Thursday, August 6, 2009 a conference call took place to review the Telecom Italia Group's first half 2009 financial results, approved by the Board of Directors.

Revenues: €13,953 million (-3.8% organic variation compared to first half 2008)

Ebitda: €5,670 million (+3.1% compared to the first half 2008)

Organic ebitda: €5,747 stable compared to the first half 2008

Organic ebitda margin: 41.2% (39.7% in first half 2008; +1.5pp)

Consolidated net income: €964 million (€1,117 million in first half 2008) due to higher taxation (+€484 million compared to the first half 2008)

Net financial debt of €35,185 million, a fall of €1,987 million compared to 30 June 2008.