(ANSA) - ROME, NOVEMBER 30 - The pandemic had a strong impact on the results of energy companies which in 2020 compared to 2019 recorded a decrease in turnover of 71 billion euros, about a quarter of the previous year (-24.6%); losses of over 2.5 billion euros; debts increased by 4% to 168 billion but held in employment, indeed with a minimal increase (+ 0.2%). This is what emerges from the latest edition of the "Report on the financial statements of the Energy Companies 2014-2020" produced by the CoMar Study Center, in the comparison between the end of 2020 and 2019. The Report takes into consideration the companies, under Italian law, that produce, distribute and they sell both electricity and gas, as well as oil and fuel.
In particular, profits, which in 2019 had been 6.9 billion euros, representing 2.4% of turnover, have become losses of 2.5 billion in 2020; the net operating margin was € 16 billion, down by 38.7% on the € 26.1 billion in 2019; the ratio of net operating margin to turnover, down to 7.3% for 2020 from 9% and more in 2018 and 2019; financial debts, again between 2019 and 2020, increased by 4%; the ratio between financial debts and turnover jumped to 76.8% in 2020, twenty points more than in 2019. The employees of the companies considered are stable, around 185,000; turnover per employee was € 1,179,000 in 2020, a significant decrease compared to € 1,568,000 in 2019. At 31 December 2020, the listed energy companies were 18: A2a, Acea, Alerion Clean Power,Ascopiave, Ecosuntek, Edison, Elettra Investimenti (revoked on 4 June 2021), Enel, Eni, Erg, Falck Renewables, Gas Plus, Hera, Iren, Italgas, Saras, Snam, Terna. At the end of 2020, their capitalization on Borsa Italiana was 170 billion euros, 28.3% of the total capitalization (606.5 billion); with the title Enel as the largest ever. (HANDLE).