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Iliad Group reports marginal growth in revenues in 2018

19 Mar 2019

Paris-based telecoms company Iliad Group has published its financial results for the twelve months ended 31 December 2018, reporting a 0.6% increase in its consolidated revenues to EUR4.891 billion (USD5.5 billion) from EUR4.860 billion in 2017, with its operations in France generating EUR4.768 billion (down by 1.9% year-on-year), while its Italian unit, which launched on 29 May 2018, reported revenues of EUR125 million by end-2018. The company’s domestic unit generated flat mobile revenues of EUR2.139 billion in the period under review, while its landline revenues decreased by 3.2% y-o-y to EUR2.638 billion (EUR2.826 billion in 2017). Consolidated EBITDA in 2018 was EUR1.755 billion, down 1.2% y-o-y (broken down as EUR1.807 million in France and -EUR52 million in Italy), while profit for the period decreased by 18.5% to EUR330 million (EUR405 million in 2017).

In operational terms, the group’s mobile customer base in its domestic market reached 13.441 million subscribers by 31 December 2018, down from 13.695 million in 2017. In Italy, Iliad reported a total of 2.837 million mobile users at end-December, up from 2.230 million in September 2018. The number of broadband subscribers in France, meanwhile, reached 6.427 million, with fibre users standing at 983,000 (556,000 in 2017). Iliad also noted that it had increased its population coverage to 96%, with 7.8 million subscribers on its unlimited 4G plan at the end of the reporting period. The number of connectable fibre-to-the-home (FTTH) nodes, meanwhile, reached nearly ten million in over 90 departments (6.2 million at end-2017), with a target to cover 20 million by 2022.

France, Italy, Free, Free Mobile, Iliad, Iliad Italy

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