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Reti Telematiche Italiane SpA (LIT.MI)

LIT.MI on Milan Stock Exchange

1.51EUR
22 Mar 2019
Change (% chg)

€-0.00 (-0.13%)
Prev Close
€1.51
Open
€1.52
Day's High
€1.54
Day's Low
€1.50
Volume
664,054
Avg. Vol
660,274
52-wk High
€2.08
52-wk Low
€1.26

Latest Key Developments (Source: Significant Developments)

Retelit FY Net Profit Down At EUR 10.1 Mln
Friday, 15 Mar 2019 

March 15 (Reuters) - Reti Telematiche Italiane SpA ::FY NET PROFIT EUR 10.1 MILLION VERSUS EUR 11.4 MILLION YEAR AGO.FY REVENUE EUR 73.0 MILLION VERSUS EUR 65.4 MILLION YEAR AGO.PROPOSES DIVIDEND OF EUR 0.020PER SHARE.APPROVES 2019-2023 BUSINESS PLAN.TARGETS IN 2023 TURNOVER OF €104-109 MILLION.2023 TARGET EBITDA EUR 55-58 MILLION.2019 GUIDANCE: €76-80 MILLION TURNOVER, €29-33 MILLION EBITDA, €22-28 MILLION INVESTMENTS.2023 TARGET NET FINANCIAL POSITION EUR 117-122 MILLION.TARGETS PAY-OUT OF 15-35% OVER ENTIRE 2019-2023 PLAN.TARGETS CUMULATIVE INVESTMENTS IN FIVE-YEAR PERIOD 2019-2023 OF € 78-83 MILLION.THANKS TO THESE TRENDS, SUSTAINED GROWTH IN EBIT AND NET PROFIT IS EXPECTED IN 2019-2023.  Full Article

Reti Telematiche Italiane SpA Says 2019 Guidance Approved
Tuesday, 18 Dec 2018 

Dec 17 (Reuters) - Reti Telematiche Italiane SpA ::2019 GUIDANCE APPROVED AND INDUSTIAL PLAN GUIDELINES REVIEWED.2019-2023 INDUSTRIAL PLAN WILL BE APPROVED IN MARCH 2019 ALONGSIDE APPROVAL OF 2018 RESULTS.FOR 2019, GUIDANCE INDICATES REVENUES OF BETWEEN EURO 76 AND EURO 80 MILLION.FOR 2019, GUIDANCE INDICATES EBITDA OF BETWEEN EURO 29 AND EURO 33 MILLION.FOR 2019, GUIDANCE INDICATES NET CASH POSITION OF BETWEEN EURO 23 AND EURO 27 MILLION.  Full Article

Retelit Receives State Sanction For Violation Of "Golden Power" Law
Saturday, 1 Dec 2018 

Dec 2 (Reuters) - Reti Telematiche Italiane SPA (Retelit) ::SAID ON FRIDAY IT WAS NOTIFIED OF THE DECISION OF THE PRESIDENT OF THE COUNCIL OF MINISTERS TO IMPOSE SANCTION OF EUR 140,137.15.SANCTION CORRESPONDS TO 1 PCT OF RELEVANT REVENUE.THE SANCTION IS THE MINIMUM ONE ACCORDING TO THE SO-CALLED "GOLDEN POWER" LAW.REAFFIRMS THE CORRECTNESS OF ITS ACTIONS AND RESERVES THE RIGHT TO UNDERTAKE APPROPRIATE RECOURSE IN ACCORDANCE WITH LAW.  Full Article

Reti Telematiche Italiane Becomes Part Of Global Ngena Alliance
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Reti Telematiche Italiane SpA ::BECOMES PART OF GLOBAL NGENA ALLIANCE BASED ON PRINCIPLE OF SHARING NETWORK ASSETS BETWEEN PARTNERS GLOBALLY.  Full Article

Reti Telematiche Italiane SpA 9-Month Net Profit Down At EUR 3.8 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Reti Telematiche Italiane SpA ::9-MONTH TOTAL REVENUE EUR 50.5 MILLION VERSUS EUR 44.3 MILLION YEAR AGO.9-MONTH NET PROFIT EUR 3.8 MILLION VERSUS EUR 4.8 MILLION YEAR AGO.  Full Article

Go Internet And Retelit Sign 5G High Speed Connectivity Agreement
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Go Internet Spa ::SIGNS 5 YEAR CONTRACT WITH RETELIT.  Full Article

Retelit Q1 Revenue Up At EUR 14.9 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - Reti Telematiche Italiane SpA ::Q1 REVENUE EUR 14.9 MILLION VERSUS EUR 13.6 MILLION YEAR AGO.Q1 NET PROFIT EUR 0.5 MILLION VERSUS EUR 1.0 MILLION YEAR AGO.CONFIRMS GUIDANCE FOR 2018.  Full Article

Financial Statements Of Retelit S.P.A. Approved, Group Consolidated Financial Statements At Dec 31, 2017 Reviewed
Saturday, 28 Apr 2018 

April 27 (Reuters) - Reti Telematiche Italiane SpA ::FINANCIAL STATEMENTS OF RETELIT S.P.A. APPROVED AND GROUP CONSOLIDATED FINANCIAL STATEMENTS AT DEC 31, 2017 REVIEWED.ORDINARY DIVIDEND FROM 2017 NET PROFIT OF EURO 0.020 PER SHARE APPROVED.APPOINTMENT OF NEW BOARD OF DIRECTORS AND NEW BOARD OF STATUTORY AUDITORS FOR YEARS 2018-2020.  Full Article

Retelit Signs Commercial Agreement With Open Fiber
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Retelit ::SIGNS COMMERCIAL AGREEMENT WITH OPEN FIBER FOR COOPERATION IN DEVELOPMENT OF ULTRABROADBAND SERVICES.  Full Article

Reti Telematiche Italiane Agrees Strategic Partnership With Asian Leading International Telecommunications Player
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Reti Telematiche Italiane Spa ::RETELIT AGREES STRATEGIC PARTNERSHIP WITH AN ASIAN LEADING INTERNATIONAL TELECOMMUNICATIONS PLAYER.AS PART OF PARTNERSHIP, ASIAN OPERATOR ACQUIRES FROM RETELIT 1.1 TBPS OF CAPACITY ON FIBER OPTIC SUBMARINE CABLE (AAE-1).AGREEMENT IN ADDITION PERMITS RETELIT TO USE A WIDE RANGE OF SERVICES MADE AVAILABLE BY ASIAN PLAYERS.  Full Article