Company Profile

Telecom Italia S.p.A. is Italy's leading telecom operator. Net sales break down by activity as follows:
- telecommunication services (91.8%): fixed telephony, mobile telephony, data transmission, Internet access, etc.;
- manufacturing and sale of office and terminal equipment (8.2%; Olivetti): digital printing systems, fax and terminals (for games, electronic voting, etc.).
Net sales are distributed geographically as follows: Italy (72.9%) and Brazil (27.1%).


Source: Cofisem - Last Update: 2024-04-15

Key Executives
Chief Executive Officer Pietro Labriola
Chief Financial Officer Adrian Calaza


Source: Cofisem - Last Update: 2024-04-15

Key Figures
Millenium 2023 2022 2021 2020 2019
Net sales 16,296 15,788 15,316 15,805 17,974
Income from ordinary activities 16,296 15,788 15,316 15,805 17,974
Operating income 836 606 -3,529 2,104 3,175
Cost of financial indebtedness net 1,167 822 1,110 1,185 1,337
Equity-accounted companies contribution to income -29 23 38 18 -3
Net profit from discontinued activities 0 0 16
Net income -1,107 -2,654 -8,400 7,352 1,242
Net income (Group share) -1,441 -2,925 -8,652 7,224 916
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - millions EUR - millions EUR - millions EUR - millions EUR - millions
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2024-04-15

Shareholder information
Group-owned stock 0.69 %
Other shareholders 17.8 %
Cassa Depositi e Prestiti S.p.A. 9.81 %
Italian institutionnals 3.75 %
Foreign institutional investors 44.2 %
Vivendi SE 23.75 %


Source: Cofisem - Last Update: 2024-04-15

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Quotazioni, Book, Dividendi, Documenti Societari, Corporate Governance, Internal Dealing di Telecom Italia


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