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General

Italy's Wind Tre posts FY sales up 1.3% to EUR 6.5 bln

Thursday 23 February 2017 | 14:26 CET | News
Wind Tre, the new Italian operator emerging from the 50-50 joint venture between Vimpelcom's Wind and Hutchison's 3 Italia, has announced its first preliminary results ahead of the consolidated statement due on 22 March. The company reported a 1.3 percent annual rise in full-year revenues to EUR 6.49 billion in 2016, while EBITDA grew 6.8 percent to EUR 2.18 billion before integration costs, with a 34.8 percent margin, up from 33.6 percent in 2015. Cash flow was up 9.5 percent to EUR 1.0 billion. The total mobile customer base was up 0.4 percent to 31.3 million, equivalent to over 37 percent

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Categories: General
Companies: 3 Italia / Vimpelcom / Wind
Countries: Italy
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