Telecom Italia SpA Confirms FY 2013 Revenues Guidance; Lowers FY 2013 EBITDA Guidance

Friday, 2 Aug 2013 01:37am EDT 

Telecom Italia SpA announced that it has confirmed the Company's revenues guidance for fiscal year 2013 by expecting revenues essentially stable compared to fiscal year 2012 and has lowered the Company's EBITDA guidance for fiscal year 2013 by expecting a percentage reduction of the EBITDA from low single digit decline to mid-single digit decline. For fiscal year 2012 the Company reported revenues of EUR 29,503.00 million and EBITDA of EUR 11,645.00 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report for fiscal year 2013 EBITDA of EUR 11,082.57 million. 

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