Annual Report 2010

Key figures

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(millions of euros) 2010 2009



Revenues 27,571 26,894
EBITDA 11,412 11,115
EBIT 5,813 5,493
Profit for the year 3,572 1,596
Adjusted net financial debt 31,468 33,949
EBITDA/Revenues 41.4% 41.3%
EBIT/Revenues (ROS) 21.1% 20.4%
Adjusted net financial debt/EBITDA 2.8 3.1

Letter to the Shareholders

... 2010 was a year of great transformation … Overall, today, Telecom Italia is leaner, more efficient, more flexible. It is more international and closer to its customers, in line with the aims and the time frames it set itself previously ...

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