Infrastrutture Wireless Italiane (INWIT) is Italy’s leading wireless tower operator, owning and managing telecom towers and passive infrastructure for mobile networks. It hosts multiple network operators on shared sites, generating largely recurring, inflation-linked rental income. The business model is infrastructure-like: high operating leverage, long contracts and exposure to densification and 5G rollout rather than retail telecom services.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 266.3 | — | 91.4 | -3.4% |
| Q2 2025 | 269 | — | 93.9 | 0.3% |
| Q3 2025 | 271.1 | — | 92.1 | 9.8% |
| Q4 2025 | 270.8 | — | 84.8 | 1.1% |
| Q1 2026 | 264.1 | -0.8% | 81.2 | -11.1% |
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Other companies on Borsa Italiana (Milan): Azimut Holding S.p.A. (AZM), Nexi S.p.A. (NEXI), SOL S.p.A. (SOL), Danieli & C. Officine Meccaniche S.p.A. (DAN), Reply S.p.A. (REY), Fincantieri S.p.A. (FCT)