0
General

Iliad H1 profits fall on weak fixed business, lowers cash flow target

Tuesday 4 September 2018 | 08:37 CET | News
Iliad reported a fall in first-half profits, as the weakness in its fixed-line business continued, it started to lose mobile customers in France and the company endured start-up losses in Italy. The company said it started a new sales strategy in June, which returned the fixed and mobile businesses to customer growth in the summer, and reiterated its target to improve margins over the full year. However, Iliad lowered its cash flow target for 2020 due to the problems at the fixed business. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Iliad
Countries: France / Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Iliad to sell Free call centre in Hauts-de-Seine to Comdata

Published 14 Sep 2018 12:47 CET | France
Iliad is to go ahead with the disposal of a call centre serving Free customers, after reaching an agreement with trade unions on ...

Free Mobile extends roaming data offer to India and Malaysia

Published 11 Sep 2018 14:23 CET | France
French operator Free Mobile has announced the inclusion of India and Malaysia in the list of international destinations covered ...

Eir sees full-year EBITDA grow 2%, as revenue falls by EUR 24 million

Published 04 Sep 2018 21:47 CET | Ireland
Irish operator Eir has reported results for the fourth quarter and full-year to 30 June, with results in line with expectations ...

Iliad tops 1.5 mln subscribers in Italy, targets EBITDA breakeven this year

Published 04 Sep 2018 09:24 CET | Italy
France's Iliad hailed the "outstanding commercial success" of its newly-launched Italian venture in its first-half results ...

Iliad seeks to reassure investors after reports Free mobile customers switching to Orange

Published 02 Aug 2018 11:14 CET | France
Iliad has issued a statement in response to recent press reports impacting its share price. Bloomberg News revealed sources ...

Iliad's dramatic Q1 forces intervention and a refocus on innovation

Published 15 May 2018 15:41 CET | France
Iliad reported disappointing first-quarter results, with fixed revenues down 1.6 percent. The company points to the weak spots, ...

Iliad takes new sales approach, as Q1 performance suffers from falling fixed line revenue

Published 15 May 2018 11:09 CET | France
Iliad reported first-quarter revenues of EUR 1.2 billion, up 0.8 percent year-on-year, slowing from 6.9 percent growth in Q1 ...

Iliad raises EUR 1.15 bln through bond issues

Published 19 Apr 2018 09:48 CET | France
Iliad announced that it has successfully placed two bonds for a total amount of EUR 1.15 billion, namely a 3.5-year, EUR 500 ...

Iliad and NJJ to acquire 64.5 percent stake in Irish operator Eir

Published 20 Dec 2017 09:33 CET | Ireland
A consortium combining French operator Iliad and NJJ, the private investment vehicle owned by Iliad's founder Xavier Niel, has ...