TIM reported a first-quarter loss attributable to parent owners of 292 million euros, widening from a 124 million euro loss a year earlier. Operating profit (EBIT) fell sharply to 22 million euros from 209 million euros, indicating materially weaker underlying profitability. The results point to significant earnings deterioration and are likely to pressure the shares.
TIM reported a first-quarter loss attributable to parent owners of 292 million euros, widening from a 124 million euro loss a year earlier. Operating profit (EBIT) fell sharply to 22 million euros from 209 million euros, indicating materially weaker underlying profitability. The results point to significant earnings deterioration and are likely to pressure the shares.
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strongly negative
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