French telecom operator Iliad reported a 2.2% increase in half-year core profit on Thursday, as accelerating momentum in Italy and Poland helped offset a more subdued performance in its saturated home market.<\/p>\n
Earnings before interest, taxes, depreciation and amortization after leases, or EBITDAaL, reached \u20ac2 billion ($2.3 billion) in the first half of 2026. Consolidated revenue rose 3% from a year earlier to \u20ac5.24 billion.<\/p>\n
The results 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 domestic expansion slows.<\/p>\n
Italy was the standout performer, with revenue jumping 10.2% to \u20ac665 million. Poland grew 3.5% to \u20ac1.26 billion, while France posted a more modest 1.5% increase to \u20ac3.32 billion.<\/p>\n
MarketH1 2026 RevenueYear-on-Year ChangeFrance\u20ac3.32 billion+1.5%Italy\u20ac665 million+10.2%Poland\u20ac1.26 billion+3.5%<\/p>\n
Note: Figures reflect consolidated revenue for the six months ended June 30, 2026.<\/p>\n
The company added 300,000 subscribers in the second quarter, bringing its total customer base to 52.5 million at the end of June. Mobile customers drove the expansion, while fixed-line subscribers remained broadly stable.<\/p>\n
France ended the quarter with 23.4 million subscribers. Italy and Poland each added about 100,000 customers, reaching 13.3 million and 15.8 million respectively.<\/p>\n
The subscriber mix highlights Iliad’s strategic shift toward markets with greater headroom for growth. While France remains the largest revenue contributor by a wide margin, the Italian operation’s double-digit top-line expansion signals that the group’s challenger model continues to gain traction beyond its original footprint.<\/p>\n
For investors, the results reinforce the narrative that Iliad’s international diversification is paying off. The Italian unit’s strong growth trajectory, combined with steady gains in Poland, provides a buffer against the structural constraints of the French telecom market, where intense price competition has long pressured margins.<\/p>\n
At an exchange rate of $1 to 0.8582 euros, the half-year EBITDAaL figure translates to approximately $2.3 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"French telecom operator Iliad reported a 2.2% increase in half-year core profit on Thursday, as accelerating momentum in…\n","protected":false},"author":2,"featured_media":42968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[28028,41,28027,5,81],"class_list":["post-42967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-italy","tag-ebitdaal","tag-france","tag-iliad","tag-italy","tag-poland"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/posts\/42967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/comments?post=42967"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/posts\/42967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/media\/42968"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/media?parent=42967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/categories?post=42967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/tags?post=42967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}