Telecom Italia - Telecom Italia Report on Corporate Governance and on Remuneration 2011
Factsheet Novembre 2016 ENG - Telecom Italia · TIM is the single brand Industryname for the whole...
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TIM is the single brand name for the whole Telecom Italia Group, which operates in the market through a strategy of shared value for the company and the community, offering fixed and mobile telephony, Internet, digital content and cloud services. As the enabler of the most innovative information and communication technologies, TIM is supporting Italy on its journey towards achieving the goal of full digitisation, by creating ultrabroadband network infrastructure and disseminating latest generation services. At September 30, 2016, TIM has almost 11.4 mln retail physical accesses in Italy and a broadband portfolio equal to over 9 mln accesses (7.1 mln retail and 1.9 mln wholesale). In the Italian mobile market, TIM has over 29.5 million lines. In Brazil, TIM Brasil is one of the largest telecommunications companies in the country, with 63.2 mln lines. CORPORATE GOVERNANCE (CG) Executive Non executive Independent C.C.I.(1) C.R.(2) C.N.(3) G i u s e p p e R e c c h i Chairman F l a v i o C a t t a n e o Chief Executive Officer T a r a k B e n A m m a r Board member D a v i d e B e n e l l o Board member L u c i a C a l v o s a Board member L a u r a C i o l i Board member F r a n c e s c a C o r n e l l i Board member A r n a u d R o y D e P u y f o n t a i n e Vice-Chairman J e a n P a u l F i t o u s s i Board member G i o r g i n a G a l l o Board member F é l i c i t é H e r z o g Board member D e n i s e P a t r i c i a B y r n e K i n g s m i l l Board member L u c a M a r z o t t o Board member H e r v é P h i l i p p e Board member S t é p h a n e R o u s s e l Board member G i o r g i o V a l e r i o Lead Indipendent Director TOP MANAGEMENT G i u s e p p e R e c c h i Executive Chairman F l a v i o C a t t a n e o CEO P i e r g i o r g i o P e l u s o CFO (1): Internal Control Committee (2): Compensation Committee (3): Nomination Committee (CG) Corporate Governance: Traditional Model SHAREHOLDERS VIVENDI S.A. : 24.68% OTHERS <2%: 75.32% Update: 14/11/2016 C o m p a n y P r o f i l e COMPANY T E L E C O M I T A L I A via G. Negri 1 20123 Milano Tel.: + 39 02 85951 Fax: +39 02 81004 http://www.telecomitalia.co m Auditing company PricewaterhouseCoopers S.p.A. Investor relations A l e x B o l i s E-mail:[email protected] Tel.:+39 02 8595 1 - Fax:+39 02 8595 4132 Long term rating M o o d y ' s : B a 1 F i t c h : B B B - S & P : B B + ISIN I T 0 0 0 3 4 9 7 1 6 8 BLOOMBERG T I T I M REUTERS T L I T . M I Industry T E L E C O M M U N I C A T I O N S Super sector T E L E C O M M U N I C A T I O N S Market Segment M T A KEY FIGURES €m 9 Months Var % Annual Results 30/09/16 30/09/15 '16 vs '15 31/12/15 31/12/14 Total Sales 1 3 , 9 3 9 . 0 0 1 4 , 8 7 8 . 0 0 - 6 . 3 1 % 1 9 , 7 1 8 . 0 0 2 1 , 5 7 3 . 0 0 Ebitda 5 , 8 7 8 . 0 0 5 , 6 2 2 . 0 0 4 . 5 5 % 7 , 0 0 4 . 0 0 8 , 7 8 6 . 0 0 Ebitda margin 4 2 . 1 7 % 3 7 . 7 9 % 3 5 . 5 2 % 4 0 . 7 3 % Ebit 2 , 7 6 8 . 0 0 2 , 8 0 6 . 0 0 - 1 . 3 5 % 2 , 9 6 1 . 0 0 4 , 5 3 0 . 0 0 Ebit Margin 1 9 . 8 6 % 1 8 . 8 6 % 1 5 . 0 2 % 2 1 . 0 0 % Ebt 2 , 2 6 2 . 0 0 8 5 1 . 0 0 1 6 5 . 8 0 % 4 4 7 . 0 0 2 , 3 4 7 . 0 0 Ebt margin 1 6 . 2 3 % 5 . 7 2 % 2 . 2 7 % 1 0 . 8 8 % Net Result 1 , 6 1 0 . 0 0 9 4 0 . 0 0 7 1 . 2 8 % 6 5 7 . 0 0 1 , 9 6 0 . 0 0 E-Margin 1 1 . 5 5 % 6 . 3 2 % 3 . 3 3 % 9 . 0 8 % 9 Months Var % Annual Results 30/09/16 30/09/15 '16 vs '15 31/12/15 31/12/14 Net Financial Debt / (Cash) 2 6 , 7 3 5 . 0 0 2 6 , 8 0 4 . 0 0 - 0 . 2 6 % 2 7 , 2 7 8 . 0 0 2 6 , 6 5 1 . 0 0 Net Equity 2 1 , 6 3 7 . 0 0 2 2 , 0 3 5 . 0 0 - 1 . 8 1 % 2 1 , 3 3 3 . 0 0 2 1 , 6 9 9 . 0 0 Capital Employed 4 8 , 3 7 2 . 0 0 4 8 , 8 3 9 . 0 0 - 0 . 9 6 % 4 8 , 6 1 1 . 0 0 4 8 , 3 5 0 . 0 0 Source: company data. The year-end closing is at December, 31. Values are expressed in Million Euro.The NFD is adjusted. 2015 Data revised. SHARE ANALYSIS Quantity Capitalis. (€ m) Number of shares outstanding 1 9 , 5 2 8 , 0 6 3 , 5 7 0 1 3 , 1 8 5 . 5 6 Ordinary 1 3 , 5 0 0 , 2 7 1 , 8 7 1 9 , 6 2 4 . 3 4 Shares Not Conv 6 , 0 2 7 , 7 9 1 , 6 9 9 3 , 5 6 1 . 2 2 Nominal value (€) - - . - - Last Divid. (€) Detach Date Ordinary 0 . 0 2 0 2 2 / 0 4 / 2 0 1 3 Shares Not Conv 0 . 0 2 8 2 0 / 0 6 / 2 0 1 6 Last price Ord NotConv 11/11/2016 0 . 7 1 0 . 5 9 Price range (-2y) Ord NotConv MAX 1 . 2 9 1 . 1 0 MIN 0 . 6 4 0 . 5 1 Performance Ord NotConv -2Y - 1 8 . 8 9 % - 1 5 . 1 0 % -1Y - 3 9 . 5 4 % - 4 2 . 9 3 % -3M - 8 . 6 3 % - 6 . 8 3 % -1M - 2 . 4 0 % - 1 . 6 5 % INDEX FTSEMIB -2Y - 1 2 . 6 9 % -1Y - 2 4 . 9 0 % -3M - 0 . 9 3 % -1M 2 . 0 5 % Relative perf. - 6 . 2 0 % - 1 4 . 6 5 % - 7 . 7 0 % - 4 . 4 5 % TURNOVER AND VOLATILITY - STATISTICS FROM 04/01/2016 TO11/11/2016 Turn over Total(€) 1 9 , 4 1 6 , 7 6 4 , 5 4 2 Daily average(€) 8 7 , 4 6 2 , 9 0 3 Number of shares traded Total 2 3 , 1 6 0 , 8 0 8 , 8 6 5 Daily average 1 0 4 , 3 2 7 , 9 6 8 Number of trades Total 1 , 9 6 3 , 2 6 8 Daily average 8 , 8 4 4 A Volatility 4 0 . 3 4 % A Turnover velocity 1 9 7 . 8 3 % Source: Borsa Italiana. Data refer to the ordinary shares. O T H E R L I S T E D I N T R U M E N T S O N B I T M A R K E T IDEM STOCK FUTURES SECURITISED DERIVATIVES WARRANTS STOCK OPTIONS LISTED BONDS BOARD MEMBERS
Transcript of Factsheet Novembre 2016 ENG - Telecom Italia · TIM is the single brand Industryname for the whole...
TIM is the single brand name for the whole Telecom Italia Group, whichoperates in the market through a strategy of shared value for the companyand the community, offering fixed and mobile telephony, Internet, digitalcontent and cloud services. As the enabler of the most innovativeinformation and communication technologies, TIM is supporting Italy on itsjourney towards achieving the goal of full digitisation, by creatingultrabroadband network infrastructure and disseminating latest generationservices. At September 30, 2016, TIM has almost 11.4 mln retail physicalaccesses in Italy and a broadband portfolio equal to over 9 mln accesses(7.1 mln retail and 1.9 mln wholesale). In the Italian mobile market, TIMhas over 29.5 million lines. In Brazil, TIM Brasil is one of the largesttelecommunications companies in the country, with 63.2 mln lines.
CORPORATE GOVERNANCE (CG)
Exe
cutiv
eN
on e
xecu
tive
Inde
pend
ent
C.C
.I.(1
)C
.R.(2
)C
.N.(3
)
Giuseppe RecchiChairman
Flavio CattaneoChief Executive Officer
Tarak Ben AmmarBoard member
Davide BenelloBoard member
Lucia CalvosaBoard member
Laura CioliBoard member
Francesca CornelliBoard member
Arnaud Roy DePuyfontaineVice-Chairman
Jean Paul FitoussiBoard member
Giorgina GalloBoard member
Félicité HerzogBoard member
Denise Patricia ByrneKingsmillBoard member
Luca MarzottoBoard member
Hervé PhilippeBoard member
Stéphane RousselBoard member
Giorgio ValerioLead Indipendent Director
TOPMANAGEMENT
Giuseppe RecchiExecutive Chairman
Flavio CattaneoCEO
Piergiorgio PelusoCFO
(1): Internal Control Committee (2): Compensation Committee (3): NominationCommittee
(CG) Corporate Governance: Traditional Model
SHAREHOLDERS VIVENDI S.A. : 24.68%
OTHERS <2%: 75.32%
Update: 14/11/2016
Company ProfileCOMPANYTELECOM ITALIAvia G. Negri 120123 Milano
Tel.: + 39 02 85951Fax: +39 02 81004http://www.telecomitalia.com
Auditing company PricewaterhouseCoopers S.p.A.
Investor relations Alex BolisE-mail:[email protected].:+39 02 8595 1 - Fax:+39 02 8595 4132
Long term rating Moody's: Ba1 Fitch: BBB- S&P: BB+
ISIN IT0003497168
BLOOMBERG TIT IM
REUTERS TLIT.MI
IndustryTELECOMMUNICATIONS
Super sectorTELECOMMUNICATIONS
Market SegmentMTA
KEY FIGURES €m 9 Months Var % Annual Results
30/09/16 30/09/15 '16 vs '15 31/12/15 31/12/14Total Sales 13,939.00 14,878.00 -6.31% 19,718.00 21,573.00Ebitda 5,878.00 5,622.00 4.55% 7,004.00 8,786.00Ebitda margin 42.17% 37.79% 35.52% 40.73%Ebit 2,768.00 2,806.00 -1.35% 2,961.00 4,530.00Ebit Margin 19.86% 18.86% 15.02% 21.00%Ebt 2,262.00 851.00 165.80% 447.00 2,347.00Ebt margin 16.23% 5.72% 2.27% 10.88%Net Result 1,610.00 940.00 71.28% 657.00 1,960.00E-Margin 11.55% 6.32% 3.33% 9.08%
9 Months Var % Annual Results30/09/16 30/09/15 '16 vs '15 31/12/15 31/12/14
Net Financial Debt / (Cash) 26,735.00 26,804.00 -0.26% 27,278.00 26,651.00Net Equity 21,637.00 22,035.00 -1.81% 21,333.00 21,699.00Capital Employed 48,372.00 48,839.00 -0.96% 48,611.00 48,350.00Source: company data. The year-end closing is at December, 31. Values are expressed in Million Euro.The NFD is adjusted. 2015 Data revised.
SHARE ANALYSISQuantity Capitalis. (€ m)
Number of shares outstanding 19,528,063,570 13,185.56Ordinary 13,500,271,871 9,624.34Shares Not Conv 6,027,791,699 3,561.22Nominal value (€) --.--
Last Divid. (€) Detach DateOrdinary 0.020 22/04/2013Shares Not Conv 0.028 20/06/2016
Last price Ord NotConv
11/11/2016 0.71 0.59
Price range (-2y) Ord NotConv
MAX 1.29 1.10
MIN 0.64 0.51
Performance Ord NotConv
-2Y -18.89% -15.10%
-1Y -39.54% -42.93%
-3M -8.63% -6.83%
-1M -2.40% -1.65%
INDEX FTSEMIB
-2Y -12.69%
-1Y -24.90%
-3M -0.93%
-1M 2.05%
Relative perf.
-6.20%
-14.65%
-7.70%
-4.45%
TURNOVER AND VOLATILITY - STATISTICS FROM 04/01/2016 TO11/11/2016
Turn overTotal(€) 19,416,764,542Daily average(€) 87,462,903
Number of shares tradedTotal 23,160,808,865Daily average 104,327,968
Number of tradesTotal 1,963,268Daily average 8,844
AVolatility 40.34%
ATurnover velocity 197.83%
Source: Borsa Italiana. Data refer to the ordinary shares.
OTHER LISTED INTRUMENTS ON BIT MARKETIDEM STOCK FUTURES SECURITISED DERIVATIVES WARRANTS STOCK OPTIONS LISTED BONDS
BOARD MEMBERS
