Tim: revenues +1.2%, loss drops to 400 million, debt rises | EUROtoday

within the home sector to 2.4 billion euros, +8.1% in Brazil to 1.1 billion euros); revenues from providers are rising by 3.4% 12 months on 12 months to three.3 billion euros (+1.3% within the home sector to 2.2 billion euros, +8.1% in Brazil to 1.1 billion of Euro). Ebitda elevated by 11.6% to 1 billion euros (+11.3% within the home sector to 0.5 billion euros, +11.8% in Brazil to 0.5 billion euros). Ebitda after lease rose by 16.6% to 0.8 billion (+11.4% within the home sector to 0.4 billion euros, +22.7% in Brazil to 0.4 billion euros);

Tim Consumer recorded whole revenues primarily steady at 1.5 billion euros and revenues from providers of 1.4 billion euros (+0.8% 12 months on 12 months). Tim Enterprise recorded whole revenues of 0.7 billion euros (+2.4% year-on-year) and revenues from providers of 0.7 billion euros (+4.3% year-on-year), because of the technique protection of the connectivity enterprise and the expansion of ICT revenues. In explicit, the robust efficiency of the cloud (+17.5% year-on-year), IoT (+79% year-on-year) and safety (+79% year-on-year) continues.

Tim Brasil recorded revenues of 1.1 billion euros (+8.1% 12 months on 12 months) and an Ebitda of 0.5 billion euros (+11.8% 12 months on 12 months), persevering with on the trail of

development undertaken within the final two years, which can also be mirrored within the efficiency of EbitdaCapex, which recorded a rise of 18.6% 12 months on 12 months.

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