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TIM Q1 earnings up 8.5% (2)

(ANSA) - Rome, May 3 - Telecoms giant TIM on Wednesday posted first-quarter earnings 8.5% up on the same period last year at 4.8 billion euros, its best consolidated result since 2012. Results were better than expected and EBITDA was 16.2% up at two billion euros. "In a year we brought back to growth all the principal parameters, both in Italy and Brazil, accelerating on ultrabroadband, renewing our commercial strategy and managing costs with discipline," said CEO Flavio Cattaneo.

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