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General

Tiscali H1 revenues down 20% to EUR 70 mln, EBITDA up 66% to EUR 15 mln

Friday 27 September 2019 | 11:42 CET | News
Italian operator Tiscali reported revenues of 70.2 million for the first 6 months of 2019, down around 20 percent from the EUR 87.8 million reported in H1 2018 due above all to a 16 percent decline in fixed broadband revenues. However, the company's EBITDA was up 65.7 percent year on year to EUR 14.9 million thanks to reduced cost items and positive non-recurring items, with net debt falling to EUR 144.5 million from EUR 152.6 million at the beginning of the year. Tiscali posted a net loss of EUR 3.7 million at the end of H1 compared to a net profit of EUR 3.3 million a year earlier.

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Categories: General
Companies: Fastweb / Open Fiber / Tiscali
Countries: Italy
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