(ANSA) - MILAN, MAY 19 - Tim closes the first quarter of the year with revenues "at 3.8 billion in line with the previous year" and "debt reduction in line with the plan's objectives" with a scissor kick of 5, 6 billion year on year. Organic Ebitda, a note reads, stands at 1.6 billion (-1.3%) "in line with the plan's forecasts" and the net result, excluding non-recurring items, stands at 0.1 billion. The provision for staff leaving for early and voluntary retirement foreseen in the second quarter of this year (around 1,300 people) brought the quarter into the red for 200 million. (HANDLE).
Tim: stable revenues in the quarter, scissoring debt
2021-05-22T21:48:56.498Z
Tim closed the first quarter of the year with revenues "at 3.8 billion in line with the previous year" and "the reduction of debt in line with the plan objectives" with a cut of 5.6 billion year on year. (HANDLE)