TIM: nine-month revenues stable at € 11.4 billion, debt down. Net result 0.3 billion

TIM’s board of directors approved the financial report as at 30 September 2021. The financial statements show that in the nine months revenues amounted to
€ 11.4 billion (-0.4% organic YoY).

Again in the nine months, organic EBITDA was € 4.9 billion (-4.4% YoY). Net income was € 0.2 billion in the third quarter, € 0.3 billion in the nine months excluding the impact of non-recurring items (0.02 billion including non-recurring items). Debts are down, with net financial debt after lease at € 17.6 bn (- € 3.1 b YoY)