Tuesday, July 17, 2007

UPDATE 2-Tiscali 07 profit with Pipex seen at 160 mln euros

(Reuters) - MILAN, July 17 - Italian communications provider
Tiscali said on Tuesday it expects pro forma core profit
of 160 million euros this year, consolidating the broadband and
voice operations of Britain's Pipex for the last quarter.




The company clarified the target in a statement after Chief
Executive Tommaso Pompei had earlier said pro forma core profit,
or earnings before interest, tax, depreciation and amortisation,
would just be double last year's 100.4 million euros , including Pipex results for the full year.


Read more at Reuters.com Mergers News

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