A2A SpA Reports Robust Growth and Strategic Investments in 2024

A2A SpA ( (IT:A2A) ) has issued an announcement.

A2A SpA reported significant investments of 2,941 million euros in 2024 to develop strategic infrastructures supporting ecological transition, alongside a notable increase in retail customers in the free market electricity segment by 18%. Despite a 13% decline in revenues due to lower commodity prices, the company achieved an 18% growth in EBITDA and a 29% increase in ordinary net profit. The company also proposed a 4.4% increase in dividends per share. A2A’s strategic acquisitions and investments in renewable energy and sustainable finance have strengthened its industry positioning, with 78% of its debt represented by sustainable finance instruments, and a substantial increase in its managed electricity network.

More about A2A SpA

A2A SpA is a company operating in the energy sector, focusing on the ecological transition. The company is involved in the production and distribution of electricity and gas, with a significant emphasis on renewable energy sources and sustainable finance. A2A SpA has a strategic market focus on expanding its infrastructure to support energy transition and sustainability initiatives.

YTD Price Performance: 7.90%

Average Trading Volume: 849,970

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €7.17B

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