The performance of FY19 confirms that Hera’s growth path leverages on a well-balanced mix of portfolio activities, which the Company manages with both a forward-looking approach and actively monitoring market opportunities.

On 17 June 2019, the Boards of Directors of Hera and Ascopiave signed a binding Term Sheet intended to develop a major operator in energy sales in the areas of North-East Italy. This formal step took place at the end of a competitive process launched by Ascopiave with the aim of making the most of […]

Results achieved in Q1 2019 prove Hera continuing growth, while showing a performance on track with the Business Plan.
Consolidated EBITDA grows by 2.5%, benefitting above all from the positive contribution of regulated businesses, where the tariff systems remunerates the efficiency and quality of Hera’s operational effort. The sound performance of EBITDA also reflects rising prices in special waste, continuous expansion in the customer base, as well as attractive margins in both power generation and default-gas segment.
Such factors offset the negative impact of certain drivers, among which: the margin reduction in the safeguarded-customer business, lower volumes due to above-average winter temperatures and early maintenance at the WTE plant in Padua.

2018 (data in mn€) REVENUES 6,134.4 (+9.3%) EBITDA 1,031.1 (+4.7%) EBIT 510.1 (+6.4%) NET INVESTMENTS 431.8 (+9.0%) NET FINANCIAL DEBT 2,585.6 (Debt-to-EBITDA at 2.51x) Results achieved in 2018 prove, once again, the effectiveness of Group strategic choices over time. A well-balanced portfolio of regulated and liberalised activities, along with the choice to bring forward some […]

  2018-2022 BUSINESS PLAN EBITDA E 2002 m€ 1.185 CUMULATED INVESTMENTS 2018-2022 b€ 3,1 COST OF DEBT E 2002 3,7% TAX RATE E 2022 30% NET FIN. DEBT/EBITA E 2022 2,9X EBITDA (m€) A 2017 E 2022 CHANGE NETWORKS 424 581 +157 WASTE 246 297 +51 ENERGY 293 268 -24 In the new plan, which […]

9M 2018 (data in mn€) REVENUES 4,348.4 (+8.0%) EBITDA 748,6 (+3.3%) EBIT 376.5 (+5.2%) NET INVESTMENTS 287.3 (+15.8%) NET FINANCIAL DEBT 2,642.0 (Debt/EBITDA 2.62x) Hera’s 9-month results show healthy operating performance, with an improvement in all the main businesses, as a result of actions taken over time to expand and consolidate presence in liberalised businesses […]

  H1 2018 (data in mn€) REVENUES 2,966.7 (+7.7%) EBITDA 523,6 (+3.5%) EBIT 273.6 (+4.3%) NET INVESTMENTS 177.8 (+17.1%) NET FINANCIAL DEBT 2,625.0 (+4.0% vs. 2017YE) Three factors have mainly driven the increase of 212.7 mn€ in Group Revenues (+7.7% vs. H1 2017): i) increased Trading (57 mn€), ii) higher sales of gas and electricity […]

Q1 2018 (data in mn€) REVENUES 1,741.3 (+10,4%) EBITDA 322.7 (+5.2%) EBIT 197.6 (+5.5%) NET INVESTMENTS 84.6 (-45.1%) NET FINANCIAL DEBT 2,502.1 (-0.8%) First-quarter 2018 results: Indicate that the 9.6% growth of Group Net Profit benefits both from the contribution of the area of operating management and the good results in the financial and fiscal […]