Thursday, August 27, 2026
Home BusinessIliad’s half-year core profit rises 2% on Italy strength

Iliad’s half-year core profit rises 2% on Italy strength

by Nishat
0 comments

Aug 27 (Reuters) – French telecom ​operator Iliad posted a 2.2% rise in ‌its half-year core profit on Thursday, buoyed by strong performance in Italy.The company’s earnings before interest, taxes, depreciation ​and amortization and after leases, or EBITDAaL, ​was €2 billion ($2.3 billion) in the first half ⁠of 2026.Iliad reported consolidated revenue of €5.24 billion ​for the six-month period, up 3% from a ​year ago. Revenue in France rose 1.5% to €3.32 billion, Italy posted a 10.2% jump to €665 million and Poland grew ​3.5% to €1.26 billion.

The numbers underscore how Iliad ​has evolved from a French price disruptor into a broader ‌European ⁠telecoms group, with Italy and Poland contributing an increasing share of growth as its domestic market approaches saturation.The group added 300,000 subscribers in the ​second quarter, ​resulting in ⁠a total customer base of 52.5 million at the end of June.That ​growth was driven by mobile customers, ​while ⁠fixed-line subscribers were broadly stable. France ended the quarter with 23.4 million subscribers, while Italy and ⁠Poland ​added about 100,000 customers each ​to reach 13.3 million and 15.8 million, respectively.

($1 = 0.8582 euros)

Reporting by ​Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak.

banner

You may also like

Leave a Comment