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TIM Brasil targets EBITDA margin over 40% in 2022

Wednesday 11 March 2020 | 11:39 CET | News
TIM Brasil announced new targets for the next three years at an analyst and investors meeting. The company is targeting an EBITDA margin of over 40 percent in 2022, up from 39.1 percent in 2019. The margin should be at least 39 percent this year, according to its 2020-2022 strategic plan. The operator expects net service revenue and EBITDA to grow by mid single digits, while investments are estimated at BRL 12.0-12.5 billion over the three-year period. 

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Categories: General
Companies: TIM Brasil
Countries: Brazil
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