FASTWEB Shareholders approved the 2008 Financial Statement

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Press release 07/04/2009
FASTWEB Shareholders approved the financial statements for the year to 31 December 2008 during the Annual General Meeting that was held today.

FASTWEB Shareholders approved the financial statements for the year to 31 December 2008 during the Annual General Meeting that was held today.

FASTWEB reported full year 2008 consolidated revenues of 1,708 million euro (up 19% with respect to 2007). Consolidated industrial EBITDA was 518 million euro, with an EBITDA margin of 32% and a 26% increase versus 2007.

FASTWEB also reported a net profit of 6 million euro against a net loss of 125 million euro in 2007.

The 2008 net result of FASTWEB S.p.A., equal to 6.6 million euro, will be carried forward.

 

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