reuters.com
08-Aug-2008
MILAN, Aug 8 (Reuters) - Telecom Italia is sticking to its forecasts for sales growth and core profit in 2009-2010 despite cutting the targets for 2008, Chief Executive Franco Bernabe told analysts on a conference call on Friday. He also said the company would keep guidelines on dividend policy outlined in its strategic plan in March and that it would not seek a capital increase. "We confirm whatever we said (in March) and we will stick to this," Bernabe said, taking into account below-forecast performances in Germany and Brazil which prompted the decrease in 2008 targets. (Reporting by Jo...
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