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Reti Telematiche Italiane SpA (LIT.MI)

LIT.MI on Milan Stock Exchange

1.57EUR
13 Dec 2017
Change (% chg)

€0.02 (+1.23%)
Prev Close
€1.55
Open
€1.56
Day's High
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€1.55
Volume
4,328,825
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€1.61
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Latest Key Developments (Source: Significant Developments)

Reti Telematiche Italiane Agrees Strategic Partnership With Asian Leading International Telecommunications Player
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Reti Telematiche Italiane Spa ::RETELIT AGREES STRATEGIC PARTNERSHIP WITH AN ASIAN LEADING INTERNATIONAL TELECOMMUNICATIONS PLAYER.AS PART OF PARTNERSHIP, ASIAN OPERATOR ACQUIRES FROM RETELIT 1.1 TBPS OF CAPACITY ON FIBER OPTIC SUBMARINE CABLE (AAE-1).AGREEMENT IN ADDITION PERMITS RETELIT TO USE A WIDE RANGE OF SERVICES MADE AVAILABLE BY ASIAN PLAYERS.  Full Article

Reti Telematiche Italiane 9-month net profit up at EUR 4.8‍​ million
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - RETI TELEMATICHE ITALIANE SPA :9-MONTH REVENUE EUR 44.3 ‍​ MILLION, UP 21 PCT VERSUS YEAR AGO.9-MONTH NET PROFIT EUR 4.8‍​ MILLION VERSUS EUR 1.8 MILLION YEAR AGO.  Full Article

Reti Telematiche Italiane says no formal negotiations with f2i are in place‍​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::COMMUNICATES THAT, AT THE MOMENT, NO FORMAL NEGOTIATIONS BETWEEN F2I AND THE COMPANY ARE IN PLACE‍​.SAYS THERE ARE ONLY INFORMAL TALKS, WHICH ARE RELATED TO THE NORMAL ACTIVITIES AMONG TELECOM OPERATORS‍​.  Full Article

Retelit H1 net profit falls to EUR 1.3 mln
Tuesday, 2 Aug 2016 

Reti Telematiche Italiane SpA : H1 revenue 24.6 million euros ($27.54 million) versus 19.7 million euros a year ago . H1 net profit 1.3 million euros versus 2.2 million euros a year ago . Expects FY 2016 turnover between 44 million euros and 46 million euros . Expects FY 2016 EBITDA between 11 million euros and 12 million euros .Sees FY 2016 results to be positioned at least on the high end of the guidance range.  Full Article

Retelit signs financing agreement of EUR 1.9 mln
Friday, 29 Jul 2016 

Reti Telematiche Italiane SpA : Signs financing agreement of 1.9 million euros ($2.11 million) at subsidized rates with Banco Popolare Soc. Coop. .The financing to replace pre-financing already effective with the same bank.  Full Article

Reti Telematiche Italiane Q1 revenue up 30 pct to 12.4 millions
Thursday, 12 May 2016 

Reti Telematiche Italiane SpA : Q1 revenue 12.4 million euros ($14.16 million) versus 9.5 million euros year ago . Q1 EBITDA growth of 48 pct to 3.4 million euros(2.3 million euros in 1Q 2015) . Q1 net profit was 0.5 million euros , compared to euro 3.5 million in 1Q 2015 .The performance in the initial months of 2016 is in line with the 2016-2020 industrial plan.  Full Article