Piazza Affari takes it badly revision of the guidance by Inwit on the lower part of the fork and penalizes the title with a loss of more than 9%.
After opening at 8,58 euros, the FtseMib share fell late in the morning to its session low, which is also the minimum of 3 years, at 8,44 euros with a loss of 9,11%.
The electronic communications infrastructure company ended the 9 months of 2025 with revenues for 806,39 million euros, up 4,4% compared to the first three quarters of the previous financial year, with a operating margin gross increased by 4,5% to 737,47 million euros and a Net income (excluding third-party share) of 277,4 million euros, compared to 266,05 million recorded in the first nine months of last year. At the end of September 2025, thenet borrowing of the group amounted to 4,98 billion euros with a financial leverage of 5x.
- investments Industrial investments amounted to 206,8 million euros and were mainly allocated to the construction of new towers, the development of indoor micro-coverages with DAS systems and the acquisition of land, a note says.
Guidance 2026-2030 updated on the lower part
Inwit has financial estimates for 2025 confirmedSpecifically, the company expects revenues between €1,07 and €1,09 billion, an EBITDA margin of over 91%, an EBITDAaL margin of over 73%, and recurring free cash flow growth in the range of €630-640 million.
Instead, the management of Inwit reported that the guidance for the period 2026-2030 The forecast has been updated to the lower end of the previously communicated ranges, primarily to reflect the ongoing difficult situation in the Italian telecommunications market, with a focus on recovering efficiencies and greater investment selectivity. This is compounded by the impact of a lower inflation rate in 2025, approximately +1,5% versus expectations of +1,7%.
Regarding shareholder compensation, Inwit indicated a 7,5% increase in dividends per share, in line with its dividend policy. Management clarified that the financial guidance does not include the impact of the €400 million share buyback plan and the distribution of a special dividend of approximately €200 million.
Inwit, guidance for the period 2026/2030
