Report
Ana Arjona-Martinez

INWIT : Uneventful results; minor adjustments to 2024 guidance

>Results in line with both our estimates and the consensus - INWIT’s Q3 2024 results were in line with both our estimates and the consensus at operating level: revenues at € 260m vs € 263m ODDO BHF and € 262m css i.e. 1.1% or 0.7% below respectively. The slight miss was due to lower revenues from the Vodafone’s MSA (€ 2m or 1.6% below) and lower revenues from OLOs macro sites and others, which declined by 6% y-o-y (€ 3m below). Slightly higher opex (€ 1m) was offset...
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

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