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A2a focuses on the transition, investments of 22 billion - Economy

2024-03-12T14:53:47.087Z

Highlights: A2a focuses on the transition, investments of 22 billion - Economy. A2a expects over 5 million gas and electricity customers by 2035. 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. dividends provides for sustainable growth of the dividend per share of at least 3% per year over the plan period. The group also aims to strengthen its national leadership in the environmental sector through the strengthening and creation of new infrastructures.


New strategic plan to 2035. Profit over 1 billion (ANSA)


A2a looks to the future with the ecological transition which confirms itself as the cornerstone of its growth strategy.

The group led by Renato Mazzoncini has approved the new 2024-2035 industrial plan which has as its two fundamental pillars the circular economy and the energy transition which guide an investment plan of 22 billion euros in twelve years, focused on infrastructure, people and businesses, decarbonisation and development.

As part of the circular economy, the A2a group plans approximately 6 billion euros of investments, intended for the treatment and closure of the waste cycle, the integrated water cycle and district heating.

The commitment to the energy transition materializes with 16 billion euros of investments to encourage the electrification of consumption and the development of the electricity distribution network, renewables and flexible energy.

Over 70% of the investments planned by 2030 are authorized or already underway.

A2a expects over 5 million gas and electricity customers by 2035. The group also aims to strengthen its national leadership in the environmental sector through the strengthening and creation of new infrastructures for urban and industrial waste, managing to treat over 7 million tonnes to 2035 (from 5.5 million in 2023) thanks to approximately 4 billion in new investments.

From a financial point of view, the company expects ordinary EBITDA to grow 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. 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 greater than 1 billion euros in 2035. dividends provides for sustainable growth of the dividend per share of at least 3% per year over the plan period.

Source: ansa

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