Tiscali growing +22.4 million first half profits

13 Sep

Posted by flicker as news, Tiscali

In light of the results of the first half of 2007 Tiscali revises estimates and reported a profit of 224 million euros the effect of capital gains to 100 million, disposals of assets in the Netherlands and Germany. Some positive results when you consider that during the same period last year recorded losses of 74.2 million euros, and revenue in this first half will attest to 393.1 million euros, increasing by 24%. Ã ¨ The growth mainly due to increased services related to ADSL, the operating profit of 61.9 million gross Ã ¨ conil +59%. With these data, clearly positive, the company led by Tommaso Pompei anticipates further increases in revenues that will be around 930 million for 2007 and gross operating profit of 160 million and for 2008 Tiscali expects positive net profit and Cash Flow.