For 2009, due to a difficult economic scenario, revenues in Italy are expected down 8÷10%, but with core revenues (print – internet – voice) performing better, thanks to online activities up 20÷25%, above market growth forecasted at +10.5% (source IAB-Interactive Advertising Bureau).
Consolidated EBITDA is expected between 520÷540 euro million, despite revenues under pressure in all countries, thanks to cost savings higher than 40 euro million at Group level, of which more than 20 euro million in Italy.