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Iliad’s half-year core profit rises 2% on Italy strength

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Aug 27 : French telecom operator Iliad posted a 2.2 per cent rise in its half-year core profit on Thursday, buoyed by strong performance in Italy.

The company’s earnings before interest, taxes, depreciation and amortization and after leases, or EBITDAaL, was €2 billion ($2.3 billion) in the first half of 2026.

Iliad reported consolidated revenue of €5.24 billion for the six-month period, up 3 per cent from a year ago. Revenue in France rose 1.5 per cent to €3.32 billion, Italy posted a 10.2 per cent jump to €665 million and Poland grew 3.5 per cent to €1.26 billion.

The numbers underscore how Iliad has evolved from a French price disruptor into a broader European telecoms group, with Italy and Poland contributing an increasing share of growth as its domestic market approaches saturation.

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The group added 300,000 subscribers in the second quarter, resulting in a total customer base of 52.5 million at the end of June.

That growth was driven by mobile customers, while fixed-line subscribers were broadly stable. France ended the quarter with 23.4 million subscribers, while Italy and Poland added about 100,000 customers each to reach 13.3 million and 15.8 million, respectively.

($1 = 0.8582 euros)

Source: Reuters

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