HERA S.p.A. (IT:HER) has released an update.
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Hera Group has reported a strong third quarter for 2024, with a more than 20% increase in net profit attributable to shareholders, highlighting the effectiveness of its industrial strategy. Despite a drop in revenues due to lower energy prices, the company achieved growth in gross operating margin and operating investments, driven by both free market and regulated activities. The Group continues to focus on sustainable development, enhancing infrastructure resilience, and advancing its green transition, benefiting from regulatory changes and financial management improvements.
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