The latest update is out from ACEA SPA ( (IT:ACE) ).
ACEA SpA’s Ordinary Shareholders’ Meeting approved the 2024 financial statements, highlighting a net profit of 332 million Euros and a 12% increase in EBITDA to 1.6 billion Euros. The company also announced a dividend of 0.95 Euros per share and appointed a new Board of Statutory Auditors and a Board Member. The financial results reflect ACEA’s strong positioning and commitment to sustainable infrastructure development, with significant investments in regulated activities. The improved financial structure enables the company to distribute a higher dividend than planned, benefiting shareholders and stakeholders.
More about ACEA SPA
ACEA SpA operates in the utilities industry, focusing on developing and managing modern and sustainable infrastructures. The company is primarily involved in regulated sectors, providing essential services to citizens and territories, and is committed to sustainable growth and innovation.
YTD Price Performance: 6.48%
Average Trading Volume: 4,817
Technical Sentiment Signal: Sell
Current Market Cap: €4.2B
For detailed information about ACE stock, go to TipRanks’ Stock Analysis page.