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%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

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.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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.
Fonte: FoxNews - 🏆 9. / 87 Leggi di più »