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Telecom Italia Media SpA Comments on FY 2013 Guidance and FY 2014-2016 EBITDA Guidance

Tuesday, 5 Nov 2013 10:17am EST 

Telecom Italia Media SpA announced that based on the foregoing, in fiscal year 2013 Telecom Italia Media expects to achieve results that are in line with those of fiscal year 2012, in comparable terms. The Board of Directors also acknowledged the 2014-2016 Plan guidelines being set at a positive EBITDA for the whole period of the Plan, as well as a positive Cash Flow as of fiscal year 2014 and Net financial debt decrease as of fiscal year 2014. According to I/B/E/S Estimates, analysts on average are expecting the Company to report an EBITDA of EUR 40.30 million for fiscal year 2014 and of EUR 46.00 million for fiscal year 2015.