TIM participation Better known as TIM BRASIL closes another record exercise. Business at swollen sails for the Brazilian subsidiary of the TIM group, which continues to focus on mobilerealizing a double -digit growth in South America. Tim Brasil, in fact, is part of the trident of the “New Tim” Post-scorporus of the network, which consists of three divisions: Brazil, Consumer and Enterprise.
The numbers of the year 2024
Tim Brasil closed the 2024 exercise with a net profit growing by 17.1% to 3.16 billion of Reais (equal to about 530 million euros). This is the seventh consecutive year growing the profit which thus attests to “higher level ever” level by the company.
THE revenues they record a growth of 6.6% to 25.44 billion of Reais (about 4.3 billion euros), while service revenues, which are part of the lion, record a 6.4% increase to 24.58 billions of reais. Ebitda At the same time, it rises to 12.62 billion, growing 8% and equal to about 50% of revenues. “
Innovation and quality at the center of the strategy
“Our strategy, based on innovation and qualityhas also shown its effectiveness in 2024 “, he commented Alberto GriselliCEO of Tim Brasil, remembering the central role of innovation and adding “We have achieved our objectiveie closed another year growing, contributing to the development of the country “.
The prospects for 2025 and beyond
For 2025 the company still focuses on a “solid growth”. Also presented the New plan 2025-2027, which provides Retavies of 5% growth average annual and a EBITDA Increased by 6-8% the year. Also awaited a generation of operating cash in clearly improvement, with an estimate of Ebitda/Capex that goes from 11-14% of the three-year period just ended to 14-16% of the three-year period that is opening up. Also planned and one solid remuneration of members for 13.5-14 billion of Reais, equal to about 2.3 billion euros at the current gearbox.
Crucial Brazil for the strategic choices of the group
Brazil is certainly one important slice of the new TIM And it also appears crucial for the strategic options that open to management, in a phase in which the consolidation of the TLC sector and the Reflection started by Vivendi on the share of 23.7% detained in the Italian Company. they could bring to the capital of the TIM group a new partner or favor new alliances or operations consolidation.
The rumors that speak of a Interest of the French Iliad to enter the capital of Tim to strengthen themselves in Italy, but also the voices of an interest of the funds CVC Capital or, even, of an interest of Italian post office.
All hypotheses that, hopefully, the group management may clarify on the occasion of the Presentation of the Novo Piano Next Thursday.
