Edition:
India

Telecom Italia Says Q1 Organic Group EBITDA 1.8 bln euros


Monday, 20 May 2019 

May 20 (Reuters) - Telecom Italia SpA ::Q1 NET DEBT AT EUR 25.1‍​ BILLION AT END-MARCH VERSUS EUR 25.44 BILLION IN COMPANY-PROVIDED CONSENSUS.Q1 REVENUES EUR ‍​4.5 BILLION VERSUS EUR 4.49 BILLION IN COMPANY-PROVIDED CONSENSUS.Q1 ORGANIC GROUP EBITDA EUR 1.8​ BILLION VERSUS EUR 1.79 BILLION IN COMPANY-PROVIDED CONSENSUS.SAYS SEES AFTER LEASE DEBT TARGET 20.5 BILLION EUROS IN 2021 BEFORE NON-ORGANIC OPERATIONS.Q1 DOMESTIC EBITDA EUR 1.447 BILLION.SAYS SEES SYNERGIES FROM PLAN TO SHARE MOBILE NETWORK WITH VODAFONE AT 100-150 MILLION EUROS PER YEAR.