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Inwit's revenues up 5% to EUR 88 mln in Q3

Wednesday 8 November 2017 | 08:38 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 88.0 million in the third quarter of 2017, up 4.9 percent on the year-earlier results of EUR 83.9 million, while net profit for the period came in 30.3 percent higher at EUR 32.7 million percent thanks to a rise in tenants per site and lower lease costs. The company's EBITDA was EUR 48.2 million, up 15.6 percent, with the EBITDA margin rising to 54.8 percent of revenues. However, the company's net financial increased by EUR 6 million year on year to EUR 63.6 million.

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Categories: Fixed
Companies: Inwit / Telecom Italia
Countries: Italy
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