Tim closes 2023 with revenues growing by 3.1% to 16.3 billion and in Italy, as highlighted by the preliminary results approved by the board of directors, revenues from services are growing again.
Group EBITDA grew by 5.7% to 6.4 billion.
"The positive trend continues, for the second consecutive year with results in line with all guidance" underlines a note.
In particular in the fourth quarter, compared to the fourth quarter of 2022, total group revenues grew by 1.9% to 4.3 billion, revenues from services at 4 billion (+3%) with Brazil (+8.2 %) and the domestic sector (+1.2%), which is growing again after 22 quarters.
Ebitda in the fourth quarter marked an increase of 6.8% to 1.6 billion, with the Domestic Business Unit growing for the third consecutive quarter (+5.5%) and with Tim Brasil confirming its solid path (+9 ,5%).
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