Iliad

Iliad increased its EBITDAaL to €2 billion in the first half of 2026. Consolidated revenue grew 3% to €5.24 billion, driven by a 10.2% rise in Italy to €665 million; France and Poland reported revenue increases of 1.5% and 3.5%, respectively. In the second quarter Iliad added 300,000 subscribers, bringing the customer base to 52.5 million, mainly due to mobile growth. » Más en de.investing.com

Iliad forecast a record 23.2% growth in operating free cash flow for 2025 to €2.3bn and an increase in equity free cash flow to €1.4bn. Service revenues rose 3.3% to €9.5bn, EBITDAaL grew 5% to €4.0bn with a margin of 39%. Capital expenditures normalized at €1.8bn, leverage fell to 2.3x EBITDAaL, and management sees room for selective M&A activity. Regional drivers included Italy (revenue +9%, strong EBITDA growth), Poland (OFCF record) and a robust performance in France including improved NPS and high 5G/FTTH coverage. » Más en de.investing.com

Iliad increased revenue in 2025 by 3.1% to €10.35 billion and EBITDA by 5% to €4.04 billion, with the EBITDA margin improving to 39.1%. The company added over 1.5 million net subscribers, reduced CapEx by 11.5% and lowered net debt to €9.4 billion (2.3x EBITDA). Operating free cash flow rose by 23%, and equity free cash flow increased by more than €1 billion. Iliad plans further investments in 5G, fiber, data centers and AI infrastructure and sees itself positioned for stronger cash generation following the end of the peak investment cycle. » Más en de.investing.com