The Iliad telecoms group published Thursday a net profit up 44.1% in 2022, to 758 million euros, thanks in particular to its performance in Italy, Poland and France, and the conquest of 2.7 million new subscribers over the year.
Xavier Niel's group, delisted, recorded consolidated turnover of 8.37 billion euros, up 10.3% over one year, exceeding the target of 8 billion euros of revenues announced last year.
“
In a context of hyperinflation and fierce competition, our economic results are very solid in our three countries
”, underlined its managing director Thomas Reynaud on Thursday.
"
We are now the 6th European operator in terms of size with 46 million subscribers
", he proclaimed during a conference call, adding that the "
convergence strategy
" which enabled the group to become a fixed operator and mobile in Italy and Poland, in addition to France, "
will help fuel growth in the coming years
".
“
We (also) want to address the business market in our three countries.
In France, we already generate 200 million euros in turnover in three and a half years (of activity).
Initiatives will multiply in Poland and Italy
,” he announced.
Read also Iliad, parent company of Free, borrows 750 million euros
More than a million new subscribers in one year
With 255,000 net new fixed subscribers and 607,000 net new mobile subscribers, Free claims the position of "
leader in recruitment of new subscribers in France
" in 2022. In Italy, the parent company of Free also recorded a gain of 1.171 million mobile and landline subscribers in one year, while it has just launched its landline offer.
"
If ever there is a movement of consolidation in Italy, we want to participate in it
," said Thomas Reynaud.
In this country, Iliad had made a takeover offer for Vodafone Italia in February 2022, in a context where several managers of European operators are calling for the consolidation of the market on the continent to reduce competition and increase their profitability. where they are investing heavily in the deployment of 5G and fiber optics.
But the British telephone group had rejected the offer at 11.25 billion euros, judging that this proposal was "not
in the best interest of its shareholders
".