Italgas S.p.A. (IT:IG) has released an update.
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Italgas reports a robust performance in the first nine months of 2024, with a significant rise in adjusted regulated gas distribution revenues by 11.5% and a 10.9% increase in adjusted EBITDA. The company’s strategic focus on infrastructure development and digitalization is reflected in its enhanced cash flow and environmental efficiency, contributing to a stable credit rating despite recent acquisitions. These results underline Italgas’ commitment to sustainable growth and efficiency in its operations.
For further insights into IT:IG stock, check out TipRanks’ Stock Analysis page.