Fastweb - 2007 results approved | |
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02-04-2008
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Fastweb approved its consolidated results for 2007 during its annual Shareholder's Meeting on April 1. The company registered a turnover of €1,433 million (+14% from 2006) and a consolidated Ebitda of €480 million (33.5% of revenues) up 59% from previous year. In 2007 Fastweb registered a cumulative loss of €124.7 million, which resulted in a negative result for the parent company Fastweb Spa of €112.8 million which will be covered by the financial reserves of the company. Fastweb also indicated PricewaterhouseCoopers as its balance sheet auditor. source: rapid TV News
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