Despite the current scenario deeply differs from that assumed in the Business Plan to 2023, Hera continues to follow the strategic design.

While investments and new business initiatives continue, a careful approach to gain efficiency at organic level and extract value in the integration process of acquired companies allows Hera to post a 2.6% growth at EBITDA level.

Strong cash generation succeeds in covering investments and dividend payment, while the Debt-to-EBITDA ratio continues to improve, declining to 2.97x at the end of September 2020.

In the first half of 2020 Hera continues to growth organically, leveraging on a deep-rooted “culture of efficiency”, and promptly captures the synergies from recent acquisitions, which are proving to be absolutely strategic.
This way, in the first six months of the year we have already absorbed by a comfortable margin the amount of 30 million euro that represent the total Covid-19 impact on the P&L, as shown by the EBITDA growth of 2.5%.
In the next months, with the progressive easing of restrictions that were needed in Italy to contain the virus outbreak, we will be in a position to resume both investment and marketing activities. Hera will then be able to demonstrate the full potential for profitable growth embedded in a business portfolio that has always been managed in this forward-thinking perspective.

A reassuring picture has emerged from first-quarter 2020 results, despite a tough scenario.

The results have been achieved in a context characterised by exceptionally mild winter temperatures and the restrictions imposed to control the Covid-19 outbreak; restrictions that did not prevent Hera from continuing to provide its services.

Shareholders remuneration has been confirmed, with 10 euro cents to be paid on 8 July 2020..

In the traditional Message to Shareholders, Hera’s Chairman confirms that the Company is ensuring continuity of the essential services provided to customers. He also comments on 2019 results that show significant growth, achieved keeping a limited risk profile.
Shareholders remuneration follows the Business Plan indications, with a proposed dividend per share of 10 euro cents.

Dear Shareholders,
Two factors characterise our nine-month 2019 results, i.e. net profit that grows in the double-digits and KPIs that accelerate quarter after quarter. Such features confirm that our efforts to put into play a set of proactive initiatives and their successful execution allowed Hera to counter factors that could have conditioned its growth rate, such as the expected margin decline in last-resort businesses.

Dear Shareholders, The results that depict Hera’s situation as of 30 June 2019 show that our growth continues, with no interruption, leveraging on a business model that reacts to challenges that may arise from the external environment, seizes new opportunities, and generates cash flow in linear way. Year after year, such formula allows us to […]

Dear Shareholders, Following strong performance in 2018, also the first quarter of 2019 shows growing KPIs in the P&L, which leverage on the contribution of all main business areas. Moreover, since these results only partially reflect the activities already launched in 2018 and those coming from new projects, the visibility of the 200 mn€ EBITDA […]

DearShareholders, In 2018 Hera achieved important results. The set of indicators presented in the Annual Report proves the achievement of increasingly higher levels of financial strength and profitability, even when compared to virtuous historical financials; a situation that indicates further capacity to grow. New milestones: EBITDA exceeding 1 billion euro and record KPIs For the […]

Dear Shareholders, The new Business Plan for the 2018-2022 period starts with a convincing performance already in its first year; our forecast for 2018 EBITDA is 1,020 m€, a growth of 35 €m compared to 2017. Over the last two years, Hera has therefore achieved an EBITDA increase exceeding by 16 m€ that included in […]