Despite slipping back into the red, revenues for Q2 actually increased by 16% to E172.5 million compared with E148.9 million for Q2 2001.
Tiscali expects to generate revenues of E800 million in this financial year. This figure is not as high as the E1 billion in revenues the company was expecting to make earlier this year. The company also stated that it needs to undertake further rationalization measures and efficiency improvements in order to deliver a positive EBITDA figure for 2002.
