Report
Ana Arjona-Martinez ...
  • Antonio Rodriguez Vicens

INWIT : A quarter that maintains strong growth, implying no surprises

>In-line results with high y-o-y growth - INWIT’s Q2 2023 results were in line with our estimates, with a minor negative tone as there was a € 1m (or 0.6%) shortfall in revenues (€ 238m revenues vs € 239m estimated) and a € 1m higher opex that fed through to the remaining operating metrics of the P&L: EBITDA at € 216m vs € 218m estimated, EBITDAaL at € 168m vs € 170m estimated and EBIT at € 123m vs € 125m estimated. Organic revenue growth remained strong at 12.7% in Q...
Underlying
Infrastrutture Wireless Italiane S.p.A.

Infrastrutture Wireless Italiane SpA, also known as Inwit, is an Italy-based company primarily engaged in telecommunication industry. The Company is active in the operation of wireless telecom facilities and equipment, specifically those dedicated to the hospitality of radio transmission equipment, telecommunications and distribution of television and radio signals. It owns radio transmission equipment for mobile telephony networks. Infrastrutture Wireless Italiane SpA concerns mainly its activities relating to the construction and management of passive infrastructure sites, generally consist of civilian facilities, such as towers , trellises and poles, as well as technological systems, necessary to accommodate the equipment of receiving and transmitting, owned by Telecom Italy and other customers. It operates through Gestione Due Srl.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ana Arjona-Martinez

Antonio Rodriguez Vicens

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