Despite an external context that proved to be extremely challenging due to the Covid-19 pandemic, in the first nine months of 2020 Hera managed to post higher results both at EBITDA level and at the P&L bottom line.
With a careful and responsible approach towards all stakeholders, Hera successfully faced and managed the risks related to the virus outbreak, thus neutralizing the impacts of the restrictions introduced to contain the health emergency.
Today Hera stock trades at multiples way lower than the past. On the other hand, consensus target price is still close to 4 euro.
In light of results that confirm how the Company continues to deliver the profitable growth indicated in the Business Plan despite the risks posed by Covid-19, we are trying to understand the reasons behind market’s behaviour, which at the moment seems to remain indifferent to the huge undervaluation experienced by the share price.
Hera Business Solution (“HBS”), the cutting-edge offer of Hera Group dedicated to businesses, is here. The entire expertise gained by a leading Group in the efficient and circular management of all utility services is made accessible to clients. The offer promotes a new approach that supports clients with holistic assistance.
These new multi-service contracts for businesses go beyond the traditional supply, since they facilitate development towards circular economy models, by pursuing efficiency even in the use of services.