Iliad Q1 core profit rises 1.2 percent on Italy growth

French telecoms group Iliad reported a 1.2 percent rise in core earnings to 942 million euros. Italy drove growth while talks to acquire SFR remain complex.

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Insights:

Iliad reported a 1.2% increase in first-quarter core earnings to €942 million as growth in the Italian market offset stagnation elsewhere. The results for the first three months of 2026 were supported by a 3.3% rise in organic revenue. Strong cash flow and expansion through M&A remain the primary drivers for the unlisted group's valuation.

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