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A2a aims for a net profit of over 1 billion in 2035 - Finance & Business

2024-03-12T09:25:20.552Z

Highlights: A2a aims for a net profit of over 1 billion in 2035. In the 2024-2035 strategic plan, A2a foresees an ordinary gross operating margin growing from 1.9 billion to 2.2 billion. The ordinary net profit shows a growth trend consistent with the trend in operating margins, from 0.6 billion euros in 2023 and 2026 to 0.7 billion in 2030. The dividend policy provides for sustainable growth of the dividend per share of at least 3% per year over the plan period.


In the 2024-2035 strategic plan, A2a foresees an ordinary gross operating margin growing from 1.9 billion in 2023 to 2.2 billion in 2026, to 2.6 billion in 2030 and above 3.2 billion in 2035. (ANSA)


In the 2024-2035 strategic plan, A2a foresees an ordinary gross operating margin growing from 1.9 billion in 2023 to 2.2 billion in 2026, to 2.6 billion in 2030 and above 3.2 billion in 2035.


    The ordinary net profit shows a growth trend consistent with the trend in operating margins, from 0.6 billion euros in 2023 and 2026 to 0.7 billion in 2030 and is higher by 1 billion euros in 2035. The dividend policy provides for sustainable growth of the dividend per share of at least 3% per year over the plan period.


    "Today we are presenting a new industrial plan that targets 2035, a key year in Europe for the ecological transition", states CEO Renato Mazzoncini.

"The group - he adds - has demonstrated the ability to achieve important industrial and economic objectives, ahead of what was foreseen in the first ten-year plan presented in January 2021. Strengthened by these results, we have chosen a broader horizon, to define an intermediate goal compared to the net zero of continent to 2050. We have increased investments to 22 billion, of which 44% destined for businesses with low volatility, for infrastructures dedicated to the circular economy and the energy transition which confirm themselves as the pillars of our strategy".


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Source: ansa

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