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Telecom Italia 1Q Financial Results

05/25/2010 - 06:00 PM

On Thursday, May 6, 2010, a conference call took place to review the Telecom Italia Group's first quarter 2010 financial results, approved by the Board of Directors.

  • Revenues: 6,483 million euro substantially unchanged from the first quarter 2009 (-0.7%); organic variation -4.7% improving on the fourth quarter 2009
  • Reported ebitda: 2,826 million euro (+3.2% compared with the first quarter 2009)
  • Organic ebitda: 2,836 million euro (+0.1% compared with the first quarter 2009)
  • Organic ebitda margin: 43.7% (+2.1 pp compared with the first quarter 2009)
  • Net income: 601 million euro (+30.7% compared with the first quarter 2009)
  • Adjusted net financial position: 33,262 million euro, down 687 million on 31 December 2009 (33,949 million euro); -1,207 million euro compared with 31 March 2009 (34,469 million euro).