Acea: investments of 4.7 billion in the 2020-2024 plan

(ANSA) - ROME, OCTOBER 27 - Total investments of 4.7 billion, of which 4.3 billion of an industrial nature and 0.4 billion in M&A transactions.

This is what Acea's 2020-2024 Industrial Plan, approved by the Board of Directors, provides, according to what the group explains in a note.

   Over the Plan period, Ebitda shows an average annual growth of around 7%, reaching € 1.442 billion at the end of 2024, compared to € 1.042 billion in 2019 (+ 38%), which is explained in the note, which also underlines that the minimum dividend in 2021 will be € 0.80 per share. In addition, over 2 billion euros of investments related to specific sustainability targets are expected, with an increase of 400 million euros compared to the 2019-2022 plan. "The Business Plan we are presenting today confirms the growth path we have undertaken and consolidates our positioning as an operator with a strong industrial focus. The important results achieved so far allow us, despite the difficult situation in which the country is facing, to revise the economic and business targets upwards, supporting the economic recovery path, with growth capable of combining sustainability and value creation over time for all our stakeholders and for the Italian system ", said the CEO of Acea, GiuseppeGola. (HANDLE).