Telecom Italia S.P.A. ( (TIIAY) ) has released its Q4 earnings. Here is a breakdown of the information Telecom Italia S.P.A. presented to its investors.
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Telecom Italia S.P.A. (TIM) is a leading telecommunications company in Italy, operating in the digital and telecom sector, with a focus on providing fixed and mobile communication services in both domestic and international markets, particularly in Brazil.
In its latest earnings report for 2024, Telecom Italia S.P.A. demonstrated strong financial performance, marked by a 3.1% year-over-year increase in revenues to €14.5 billion and a notable 10.1% rise in EBITDA After Lease to €3.7 billion. The company also reported a reduction in net debt, which now stands below €7.3 billion.
A closer look at the figures reveals that domestic revenues grew by 1.5% to €10.2 billion, while TIM Brasil’s revenues surged by 6.8% to €4.4 billion. EBITDA After Lease for the domestic segment increased by 8.5% to €2 billion, and for TIM Brasil, it rose by 11.9% to €1.7 billion, reflecting the company’s solid operational efficiency and cash generation capabilities.
Looking forward, Telecom Italia S.P.A. has laid out a strategic plan for 2025-2027, focusing on cash generation, technology investments, and a potential return to shareholder remuneration in 2026. The management aims to sustain revenue growth while further reducing leverage, maintaining a robust financial structure, and ensuring shareholder value.
In conclusion, Telecom Italia S.P.A. is well-positioned to continue its growth trajectory with plans to invest in 5G, data centers, IoT, and AI, reinforcing its leadership in the telecommunications sector and aiming for continued financial and operational success in the coming years.
