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Reti Telematiche Italiane SpA (LIT.MI)

LIT.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Retelit Chosen By San Donato Hospital Group As Exclusive Supplier And Partner
Tuesday, 22 May 2018 02:02am EDT 

May 22 (Reuters) - Reti Telematiche Italiane SpA ::CHOSEN BY SAN DONATO HOSPITAL GROUP AS EXCLUSIVE SUPPLIER AND PARTNER TO UPGRADE AND DEVELOP ITS ICT SYSTEMS.THE SIX-YEAR CONTRACT HAS A TOTAL VALUE OF APPROX. EURO 11 MILLION.  Full Article

Fiber 4.0 Buys 8.97 Pct Of Retelit
Thursday, 15 Mar 2018 12:42pm EDT 

March 15 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::SAYS FIBER 4.0 BOUGHT 8.97 PERCENT OF RETELIT ON MARCH 13.  Full Article

Reti Telematiche Italiane FY Net Profit Up At EUR 11.4 Million
Thursday, 15 Mar 2018 09:38am EDT 

March 15 (Reuters) - Reti Telematiche Italiane Spa ::FY REVENUE EUR 65.4 MILLION VERSUS EUR 49.6 MILLION YEAR AGO.FY NET PROFIT EUR 11.4 MILLION VERSUS EUR 2.9 MILLION YEAR AGO.SAYS PROPOSES 2017 DIVIDEND EQUAL TO € 0.020 PER SHARE.SAYS APPROVES PLAN FOR 2018-2022, SEES REVENUE OF EUR 99-104 MILLION BY 2022.SEES 2018 REVENUE AT EUR 67-71 MILLION, EBITDA AT EUR 24-28 MILLION.SEES 2018 INVESTMENTS AT EUR 28 -31 MILLION, POSITIVE FINANCIAL POSITION AT EUR 37-40 MILLION.TARGETS EBITDA OF EUR 48-51 MILLION BY 2022.TARGETS NET FINANCIAL POSITION BY END-2022 OF EUR 155-160 MILLION.  Full Article

Reti Telematiche Italiane Agrees Strategic Partnership With Asian Leading International Telecommunications Player
Tuesday, 12 Dec 2017 02:08am EST 

Dec 12 (Reuters) - Reti Telematiche Italiane Spa ::RETELIT AGREES STRATEGIC PARTNERSHIP WITH AN ASIAN LEADING INTERNATIONAL TELECOMMUNICATIONS PLAYER.AS PART OF PARTNERSHIP, ASIAN OPERATOR ACQUIRES FROM RETELIT 1.1 TBPS OF CAPACITY ON FIBER OPTIC SUBMARINE CABLE (AAE-1).AGREEMENT IN ADDITION PERMITS RETELIT TO USE A WIDE RANGE OF SERVICES MADE AVAILABLE BY ASIAN PLAYERS.  Full Article

Reti Telematiche Italiane 9-month net profit up at EUR 4.8‍​ million
Thursday, 9 Nov 2017 10:27am EST 

Nov 9 (Reuters) - RETI TELEMATICHE ITALIANE SPA :9-MONTH REVENUE EUR 44.3 ‍​ MILLION, UP 21 PCT VERSUS YEAR AGO.9-MONTH NET PROFIT EUR 4.8‍​ MILLION VERSUS EUR 1.8 MILLION YEAR AGO.  Full Article

Reti Telematiche Italiane says no formal negotiations with f2i are in place‍​
Wednesday, 11 Oct 2017 04:31am EDT 

Oct 11 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::COMMUNICATES THAT, AT THE MOMENT, NO FORMAL NEGOTIATIONS BETWEEN F2I AND THE COMPANY ARE IN PLACE‍​.SAYS THERE ARE ONLY INFORMAL TALKS, WHICH ARE RELATED TO THE NORMAL ACTIVITIES AMONG TELECOM OPERATORS‍​.  Full Article

Reti Telematiche Italiane H1 net profit up at EUR 4.0 mln
Wednesday, 27 Sep 2017 10:32am EDT 

Sept 27 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::H1 TOTAL REVENUE EUR 30.1 MILLION VERSUS EUR 24.6 MILLION YEAR AGO.H1 NET PROFIT EUR 4.0 MILLION VERSUS EUR 1.3 MILLION YEAR AGO.  Full Article

Reti Telematiche Italiane Q1 net profit up at EUR 1.0 million
Thursday, 11 May 2017 10:29am EDT 

May 11 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::Q1 NET PROFIT AT € 1.0 MILLION COMPARED TO € 0.5 MILLION IN Q1 2016.Q1 REVENUE EUR 13.6 MILLION VERSUS EUR 12.4 MILLION YEAR AGO.OPERATIONS IN THE INITIAL MONTHS OF 2017 ARE IN LINE WITH THE INDUSTRIAL PLAN.  Full Article

Retelit FY net profit falls to EUR 2.9 mln
Wednesday, 15 Mar 2017 12:06pm EDT 

Reti Telematiche Italiane SpA : FY revenue 49.6 million euros ($52.70 million) versus 42.1 million euros a year ago . FY net profit 2.9 million euros versus 3.4 million euros a year ago . Guidance 2017: turnover between 60 million euros and 63 million euros . Guidance 2017: EBITDA between 20 million euros and 23 million euros . Targets turnover in 2021 between 89 million euros and 93 million euros .Targets EBITDA in 2021 between 44 million euros and 46 million euros.  Full Article

Retelit launches network service in partnership with BICS
Tuesday, 28 Feb 2017 02:47am EST 

Reti Telematiche Italiane SpA : Launches network service (Bari-Europe Backhaul) in partnership with BICS, a telecommunication services provider .Under partnership, BICS acquires from Retelit 60 Gbps of the AAE-1 cable's submarine capacity.  Full Article

BRIEF-Retelit: Value Management, Axxion And Bousval Have Signed Shareholder Pact On March 26

* ITALY'S RETELIT SAYS INVESTORS VALUE MANAGEMENT, AXXION AND BOUSVAL SIGNED SHAREHOLDER PACT ON MARCH 26 Source text for Eikon: Further company coverage: (Gdynia Newsroom)