In 2021, Hera achieved a 9% increase at EBITDA level, which exceeded expectations despite an external scenario still affected by COVID-19. A result that is also valuable from a qualitative point of view, given the wide range of organic factors that have fuelled the growth.
Thus, Hera has once again proven how crucial it is to have a multi-business portfolio to leverage, when one is an operator able to guess new trends in demand and promptly satisfy them. This is what happened, for instance, with the significant contribution that in 2021 energy efficiency and plastic recycling provided to Group’s 2021 EBITDA. The involvement in those businesses, moreover, confirms Hera’s active role in pursuing the environmental sustainability targets that Europe has set.
During 2021, Hera achieved significant growth in all key indicators of the Profit and Loss Account, from EBITDA, which increased by 9%, to Net Profit post minorities, which rose by 10.2%.
All business areas brought a positive contribution to consolidated EBITDA, with Energy and Waste leading the progress, increasing respectively by 14.9% and 13.1%.
Hera’s share continues to benefit from the high quality of its fundamentals and the visible growth perspectives, given the presence in the Group portfolio of businesses that are regulated or enabling the circularity and the energy transition. As a result of these unique features and benefitting from proactive investor-engagement initiatives, Hera has strongly outperformed the sector index.
Hera’s equity story represents a safe harbour for investors. It represents a 20-year uninterrupted growth story, with strong protection against the risks of today’s scenario, which is characterised by many uncertainties: inflation, unstable energy prices, interest rates expected to rise, geo-political conflicts and ongoing pandemic.
Hera’s strategy in the plastic recycling is crystal clear: strengthen its leadership through the expansion in new market segments, with the aim to transform rigid plastics in addition to the flexible ones that Aliplast currently treats and, at the same time, approach new business niches, as in the case of carbon fibres.
Aliplast Group – with an EBITDA doubling in 2021 vs. 2020 and reaching 36.5 million euro – will be a key driver of the 122-million-euro growth at EBITDA level that the Group targets in the Waste area by 2025.