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MarketScreener Homepage  >  Equities  >  Borsa Italiana  >  Telecom Italia S.p.A.    TIT   IT0003497168

TELECOM ITALIA S.P.A.

(TIT)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 04/12 03:42:12 pm
0.438 EUR   +0.94%
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Italian businesses, government sign protocol for worker vaccination

04/07/2021 | 01:24pm EDT

MILAN, April 7 (Reuters) - Italy's government, the country's main unions and employer associations said on Wednesday they had signed a protocol to organise the administration of vaccines in workplaces, as Rome steps up its vaccination plan.

Companies are eager to resume full activity in Italy, one of the European countries worst-hit by COVID-19, after businesses have been heavily impacted by the restrictions that Rome has imposed for over a year to stem the contagion of coronavirus.

Under the agreement, companies or groups of companies can submit their plans for voluntary employee vaccinations to local health authorities and make premises and internal medical staff available to do so.

Alternatively, companies will also be allowed to sign agreements with private medical service suppliers to have their employees vaccinated.

While health authorities will still provide the vaccines - once doses are available - needles, syringes and specific training for staff, employers will bear the costs of setting up and managing the vaccinations.

Italy has said it aims to vaccinate at least 80% of its population by the end of September, following criticism about the slow rollout of its campaign.

As of Wednesday afternoon, 11.6 million shots had been administered in the country, with 3.6 million of its 60-million-strong population having received the recommended two doses.

Medical staff who will vaccinate in the companies will not be held liable for any adverse health events after the jabs.

"As soon as the vaccine availability will make it possible, this will give a strong boost to the national vaccination campaign," Italy's largest employers lobby Confindustria said in a statement.

Confindustria last month launched a survey among companies to find out which ones were willing to take part in the country's vaccination effort. Almost 7,500, including TIM , Enel and Pirelli have signed up to the initiative.

Rome is also in direct talks with some large corporations, including Stellantis, to use their premises as hubs for its nationwide vaccination campaign.

(Reporting by Giulio Piovaccari; editing by David Evans)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ENEL S.P.A. -0.16% 8.58 Delayed Quote.3.84%
PIRELLI & C. S.P.A. 0.77% 4.944 Delayed Quote.10.67%
STELLANTIS N.V. 0.91% 14.912 Real-time Quote.0.00%
STELLANTIS N.V. 0.93% 14.938 Delayed Quote.0.96%
TELECOM ITALIA S.P.A. 0.92% 0.4379 Delayed Quote.14.97%
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Financials
Sales 2021 15 586 M 18 566 M 18 566 M
Net income 2021 893 M 1 064 M 1 064 M
Net Debt 2021 21 380 M 25 468 M 25 468 M
P/E ratio 2021 9,80x
Yield 2021 2,54%
Capitalization 9 475 M 11 287 M 11 286 M
EV / Sales 2021 1,98x
EV / Sales 2022 2,01x
Nbr of Employees 52 338
Free-Float 72,3%
Chart TELECOM ITALIA S.P.A.
Duration : Period :
Telecom Italia S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TELECOM ITALIA S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 0,55 €
Last Close Price 0,43 €
Spread / Highest target 112%
Spread / Average Target 27,8%
Spread / Lowest Target -47,0%
EPS Revisions
Managers and Directors
NameTitle
Luigi Gubitosi Chief Executive Officer & Executive Director
Giovanni Ronca Chief Financial Officer
Salvatore Rossi Chairman
Michele Gamberini Chief Technology & Information Officer
Herculano Aníbal Alves Chief Technology Officer
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