Infrastrutture Wireless Italiane S.p.A. (0R8S) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, this is the Coruscall conference operator. Welcome and thank you for joining the second quarter 2025 Inuit Financial Results conference call. As a reminder, all participants are in this and only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Fabio Ruffini, Head of Investor Relations of Inuit. Please go ahead, sir. Good morning, everyone. Thanks for joining us. With me today are Diego Galli, Inuit GM, and Emilio Trudo, CFO. Before we begin, please allow me to draw your attention to the Safe Harbor Statement on page two. And as usual, following a brief presentation, we will open the floor to questions. Over to you, Diego. Thank you, Fabio, and good morning, everyone. We are pleased to share a satisfactory set of results today. Execution is in line with the business plan trajectory. All key metrics expanded in KUTO. From an industrial standpoint, we recorded steady growth in new towers, new POPs, and real estate transactions. Revenues were up in the mid-single digits. in EBITDA margins. Growth continues to be driven by smart infrastructure, indoor DARTs, IoT solutions, and large connectivity projects. We added new locations in multiple verticals, affirming our leadership. In the quarter, we also delivered material shareholder remuneration, €600 million between ordinary dividends, up 7.5% year-on-year, and share-by-back. Looking ahead, the need for substantial 5G investment remains a key driver in Italy. Mobile data traffic is growing at double-digit rates. Data per user is expected to more than double by 2030. Relevant areas of the coun...