Finance
Italian mobile towers company INWIT posts second-quarter profit jump
Italian mobile towers company INWIT posts second-quarter profit jump
Published by Global Banking and Finance Review
Posted on July 29, 2025
Published by Global Banking and Finance Review
Posted on July 29, 2025
(Reuters) -Italy's biggest mobile telecoms towers company INWIT posted a 4.6% rise in second-quarter net profit to 93.4 million euros ($107.80 million) on Tuesday and confirmed full-year guidance.
The company confirmed its 2025 revenue projection of between 1.07 billion euros and 1.09 billion euros. It also said it expects a full-year core profit margin above 91%.
($1 = 0.8664 euros)
(Reporting by Laura Contemori and Gaia NeimanEditing by David Goodman)
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