THE STRATEGIC VISION - FOCUSED ON INVESTMENTS IN REGULATED BUSINESSES, OPERATIONAL EFFICIENCY AND HIGH QUALITY OF SERVICES- HAS ENABLED THE ACHIEVEMENT OF RELEVANT ECONOMIC RESULTS IN 2023, MAINTAINING AN ADEQUATE FINANCIAL EQUILIBRIUM.

THESE RESULTS REPRESENT THE BASIS FOR ACHIEVING INCREASINGLY CHALLENGING OBJECTIVES.

FINANCIAL HIGHLIGHTS

  • Investments: €1,143m, primarily in Water Italy, Grids & Smart Cities and Environment segments (representing ~88% of total)
  • EBITDA: €1,391m (recurring EBITDA 1,347m, +7% versus 2022), 87% from regulated sectors[1]
  • Net profit of €294m (recurring net profit €280m, +22% versus 2022)
  • NFP/EBITDA: 3.49x, showing a notable improvement compared with guidance (<3.8x)
  • Proposed dividend: €0.88 per share (~+4% versus 2022)

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Acea's Board of Directors meeting, chaired by Barbara Marinali, has approved yesterday the consolidated Financial Statements for the year ended 31 December 2023 and the Sustainability Report - Consolidated Non-financial Statement for 2023.

To read more download the attached pdf.

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Acea S.p.A. published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 06:32:10 UTC.