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Telecom Italia Lowers FY Ebitda Target; Net Misses Est. 2013-11-07 17:51:16.598 GMT
By Sam Chambers and Jim Silver Nov. 7 (Bloomberg) -- 3Q net income EU505m vs est. EU525m, keeps FY forecast for stable sales. * Sees mid single-digit Ebitda decline y/y, previously saw low single-digit Ebitda decline y/y * 3Q sales EU6.63b vs est. EU6.64b * 3Q Ebitda EU2.7b vs est. EU2.71b * At end of Sept., adj. net debt was EU28.2b vs EU28.8b q/q * Statement * Preview * NOTE: TIM Brasil reported 3Q results on Oct. 29
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--Editor: Louisa Fahy
To contact the reporters on this story: Sam Chambers in London at +44-20-7673-2021 or schambers7@bloomberg.net; Jim Silver in New York at +1-212-617-7342 or jsilver@bloomberg.net
To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net