Tiscali SpA announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of €55.9 million against €59.7 million a year ago. EBITDA was €12.7 million against €14.0 million a year ago. EBIT was €1.1 million against €4.1 million a year ago. The decrease was mainly due, as well as to the reduction in gross operating result, to restructuring charges of €1.8 million mainly relating to the process of rescheduling of the existing financial debt. Pre-tax loss was €2.2 million against pre tax profit of €0.7 million a year ago. Net loss from operating activities was €2.6 million against net profit from operating activities of €0.3 million a year ago. Group net profit was €2.6 against group net loss of €0.3 a year ago. Net financial debt was €184.7 million against €186.5 million a year ago.

Tiscali SpA reported unaudited consolidated and standalone earnings results for the year ended December 31, 2012. For the period, on consolidated basis, the company reported revenues of €233.8 million against €267.6 million a year ago. EBITDA was €44.2 million against €35.9 million a year ago. LBIT was €0.2 million against €21.3 million a year ago. Pre-tax loss was €13.4 million against €36.4 million a year ago. Group net loss was €15.9 million against €38.1 million a year ago. Net financial debt was €186.5 million against €193.5 million a year ago. Cash generation before changes in working capital of approximately €60 million and free cash flow at €18 million. LBIT for 2012, net of provisions, write-downs and restructuring costs, was a loss of €0.2 million, a net improvement with respect to the same figure in the previous year €21.3 million, to the lower impact of the amortization. For the period, on standalone basis, the company reported revenues of €4.5 million against €5.3 million a year ago. Net LBTDA was €0.1 million against €13.0 million a year ago. LBIT was €0.4 million against €29.9 million a year ago. Pre-tax loss was €1.2 million against €30.0 million a year ago. Group net loss was €3.1 million against €29.9 million a year ago. For the year 2013, the company expects revenues in line with 2012, net EBITDA on the up and positive net result.

Tiscali Presents at Next Generation Telecoms Europe summit, May-07-2013 . Venue: Sheraton Mirasierra Hotel & Spa, Madrid, Madrid, Spain. Speakers: Salvatore Pulvirenti, CIO.