Iliad's half-year core profit rises 2% on Italy strength

Aug 27 (Reuters) - French ‌telecom operator ​Iliad ​posted a 2.2% rise in its half-year core profit on Thursday, buoyed ‌by strong performance in Italy.

The company's ⁠earnings before interest, taxes, depreciation and amortization and after ‌leases, or EBITDAaL, was €2 ‌billion ($2.3 billion) in the first half of 2026.

Iliad reported consolidated revenue of €5.24 billion for ​the six-month period, up 3% from a year ago. Revenue in France rose ⁠1.5% to €3.32 billion, Italy posted a 10.2% jump to €665 million ​and Poland grew 3.5% to €1.26 billion.

The numbers 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 its domestic market approaches saturation.

The group added 300,000 subscribers in the ⁠second quarter, resulting in a total customer base of ​52.5 million at the end of June.

That growth was driven by mobile customers, while fixed-line subscribers were ‌broadly stable. France ended the quarter with 23.4 million subscribers, while ‌Italy and Poland added about 100,000 customers ⁠each to reach 13.3 ‌million and 15.8 ​million, respectively.

($1 = 0.8582 euros)

(Reporting by Leo Marchandon in Gdansk, editing by Milla ‌Nissi-Prussak)

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