Infrastrutture Wireless Italiane SpA (LTS:0R8S)
€ 9.695 -0.0325 (-0.33%) Market Cap: 9.04 Bil Enterprise Value: 13.62 Bil PE Ratio: 25.78 PB Ratio: 2.27 GF Score: 84/100
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Q1 2019 Infrastrutture Wireless Italiane SpA Earnings Call Transcript

May 15, 2019 / 04:01PM GMT
Release Date Price: €7.41 (+1.26%)
Operator

Ladies and gentlemen, good afternoon, and welcome to INWIT First Quarter 2019 Financial Results Conference Call. Michele Vitale, Head of Investor Relations, will introduce the event. Mr. Vitale, please.

Michele Vitale
Infrastrutture Wireless Italiane S.p.A. - Head of IR

Ladies and gentlemen, good afternoon. Welcome to the first quarter result presentation. As usual, together with our CEO, we have our CFO, Mr. Andrea Balzarini, who will provide you with an update of our first quarter '19 operating and financial performance. As always, the presentation will be followed by a Q&A session.

Now you can take note of our disclaimer policy that you should now see on Slide 2.Let me highlight that the reported data refers to the financial statement in March 2019.

Let me guide you through the presentation by starting with Slide 3. As you can see at a glance, there are some substantial differences in term of figures compared to the first quarter '18. The fact is obviously due to the new accounting principle introduced by the IFRS 16. Without such

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