Infrastrutture Wireless Italiane S.p.A. (0R8S) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

good morning this is the chorus call conference operator welcome and thank you for joining the third quarter 2025 in with 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, Strategy M&A and Investor Relations Director of Inuit. Please go ahead, sir. Good morning, everyone, and thanks for joining us. With me today are Diego, Inuit General Manager, and Emilia, CFO. Before we begin, allow me to draw your attention to the safe harbor statement on page two. As usual, following a brief presentation, we will be happy to take your questions. Over to you, Diego. Thank you, Fabio, and good morning, everyone. It's a difficult day for English shares, following the updated growth expectation in the 26-23 period. It's important for us to answer the key questions you may have and lay out the priorities going forward. We expect it to grow at the low end of the target range. with revenues at about 4% compounded growth rate, more than 50% of which is contractually committed via inflation and anchor MSAs alone. The update impacts non-committed sources of revenues, densification outdoor and indoor, which are postponed. We are also factoring in slightly lower 2021 inflation at 1.5%, We acknowledge the difficult market environment with protracted financial challenges of Italian Terco sector focused on maximizing efficiency, limiting investments to the bare minimum. In the previous outlook, we implicitly assumed that over the course of 2025, there would have been initial signs of...