French telecom group Iliad reported a 2.2% increase in core profit for the first half of 2026, driven by strong growth in Italy.
The company’s earnings before interest, taxes, depreciation, amortization and after leases reached €2 billion ($2.3 billion) in the six-month period, up from the prior-year comparable. Consolidated revenue rose 3% to €5.24 billion, compared with the first half of 2025.
Italy was the primary driver of growth, with revenue climbing 10.2% to €665 million. France, Iliad’s largest market, saw a 1.5% increase in sales to €3.32 billion, while Poland reported a 3.5% rise to €1.26 billion.
Subscriber additions accelerated in the second quarter, with the group adding 300,000 customers to reach a total of 52.5 million at the end of June. Mobile subscriptions were the main contributor to growth, while fixed-line customer numbers remained broadly stable.
In France, Iliad’s customer base grew to 23.4 million, while Italy added about 100,000 subscribers to reach 13.3 million. Poland’s customer count rose by a similar margin to 15.8 million.
The results were published on August 27, 2026, covering the first half of the year.
