Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Distribuzione Elettrica Adriatica S.p.A ( (IT:DEA) ) has shared an update.
DEA S.p.A. has completed the transfer of the electricity distribution and metering business unit serving the municipality of Santo Stefano di Sessanio to its 77%-owned subsidiary ASPM Soresina Servizi, adding around 300 PODs, a 15 km network and incremental 2024 revenues of about €80,000, for a net contribution value of roughly €133,000. Though modest in size, the deal advances DEA’s external growth strategy and is expected to generate regulatory and tariff benefits, including an estimated one‑off incentive of about €131,000 tied to the aggregation of parametric‑regime operators and a potential annual tariff uplift of around €130,000 if the enlarged entity secures recognition as operating in a mountain area, while the company also extended the deadline for restructuring its senior management to 30 June 2026 to align with evolving rules on concession renewals in the electricity distribution sector.
The most recent analyst rating on (IT:DEA) stock is a Buy with a EUR11.80 price target. To see the full list of analyst forecasts on Distribuzione Elettrica Adriatica S.p.A stock, see the IT:DEA Stock Forecast page.
More about Distribuzione Elettrica Adriatica S.p.A
Distribuzione Elettrica Adriatica (DEA) S.p.A. is a leading Italian operator in electricity distribution and public lighting management across central and northern regions, including Abruzzo, Marche, Liguria and Lombardy. Founded in 2015 through the contribution of Astea’s electricity distribution, metering and public lighting business, the company has expanded via successive acquisitions and contributions of local distribution networks, and is listed on Euronext Growth Milan, focusing on regulated electricity distribution concessions and related infrastructure services.
Average Trading Volume: 3,056
Technical Sentiment Signal: Buy
Current Market Cap: €62.13M
Find detailed analytics on DEA stock on TipRanks’ Stock Analysis page.