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First Half 2010 Financial Results

08/05/2010 - 08:00 PM

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On Thursday, August 5, 2010, a conference call took place to review the Telecom Italia Group's first half 2010 financial results, approved by the Board of Directors.

  • Revenues: €13,223 million, down 0.7% compared with h1 2009; organic variation is -5.1%
  • Ebitda: €5,733 million (+3.4% compared with h1 2009)
  • Organic ebitda: €5,749 million (stable compared with h1 2009)
  • Organic ebitda margin: 43.5% (41.3% in h1 2009; +2.2 pp)
  • Consolidated earnings: €1,211 million (+26% with respect to h1 2009)
  • Adjusted net financial position: €33,579 million, down €370 million on 31 December 2009 (€33,949 million) after the distribution of dividends of over €1 billion; -€1,280 million compared with 30 June 2009 (€34,859 million)
  • Agreement approved with argentine partners on Sofora

It is possible to follow the event on demand in audio-streaming and to download the presentation slides on this website.