Reuters logo
Telecom Italia falls 3 percent after no-surprise results
March 7, 2014 / 8:43 AM / in 4 years

Telecom Italia falls 3 percent after no-surprise results

MILAN (Reuters) - Shares in Telecom Italia (TLIT.MI) fell more than 3 percent in early trade on Friday after the company’s full-year results failed to excite the market.

A Telecom Italia antenna booster is seen in northern Rome November 12, 2012. REUTERS/Alessandro Bianchi

An analyst said management had already stated that profitability and debt targets for last year were reached, while improvements achieved in the final quarter of 2013 came with no surprise.

At 0806 GMT, Telecom shares were down 2.63 percent at 0.82 euros, compared with a 0.4 percent drop in Milan's FTSE MIB blue-chip index .FTMIB.

Reporting by Agnieszka Flak; editing by Danilo Masoni

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below