Equity markets suffered heavy losses in the first half of this year, against a backdrop of geopolitical tensions, tightening monetary policies aimed to fight inflation, and deep uncertainty on the evolution of the real economy.
The performance of Hera’s shares could not remain immune to such daunting picture for equity investment, despite the Group’s resilient business model has proven to ensure solid fundamentals over the years, with continuous and sustainable growth over time.
In the challenging operating environment of first-half 2022, once again Hera proved that its business model can deliver continuous EBITDA growth.
The 3.3% progress in the half-year EBITDA was achieved by leveraging a careful search for the best opportunities within each business area and maintaining a low risk profile in managing each of them. In this way, valuable results were delivered in all businesses.
For the second year in a row, Hera took first place in the ETicaNews ranking, which assesses the degree of integration of ESG policies of the top 100 Italian listed companies, with the aim of constructing the Integrated Governance Index (IGI).
Effectively and according to objective criteria, the IGI expresses the position of a company in ten key sustainability aspects that remain stable in the various editions and in an extraordinary area of investigation, which for 2022 was that of ESG Identity extended to the supply chain.
Hera took first place achieving an overall score of 82.35/100: a result that places the Group a good 20 points above the average of Italian blue chips.