Telecom Italia Second-Quarter Earnings Rise as CEO Sticks to Turnaround Plan

📆 03/08/2023 01:35:00
📰 markets

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 59%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Telecom Italia's earnings rose in the second quarter as CEO Pietro Labriola continues to focus on profitability in its domestic market

’s earnings rose in the second quarter, suggesting the company’s strategy of increasing prices and focusing on profitable services in its domestic market is paying off.

Organic earnings before interest, taxes, depreciation and amortization increased 5.6% to €1.64 billion in the second quarter compared with the same period a year earlier,said in a statement on Wednesday. That compares with analysts’ average estimate of €1.6 billion, according to data compiled by Bloomberg.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Heineken CEO says companies need 'to be balanced' in wake of Bud Light controversyHeineken CEO weighed in on the monthlong backlash against Bud Light after it partnered with transgender activist and influencer Dylan Mulvaney, arguing companies need to be thoughtful and balanced.
La source: FoxNews - 🏆 9. / 87 Lire la suite »