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Terna S.p.A.
(LSE:TRN)
Terna S.p.A. (TRN) vs. iShares MSCI Italy ETF (EWI)
Terna S.p.A. Business Overview & Revenue Model
Terna S.p.A. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 3.68B | 3.15B | 2.92B | 2.57B | 2.40B |
| Gross Profit | ||||
| 3.02B | 2.58B | 2.42B | 2.16B | 2.06B |
| EBIT | ||||
| 1.68B | 1.36B | 1.33B | 1.20B | 1.18B |
| EBITDA | ||||
| 2.57B | 2.11B | 2.04B | 1.83B | 1.73B |
| Net Income Common Stockholders | ||||
| 1.06B | 885.40M | 857.00M | 789.40M | 785.50M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.76B | 1.74B | 2.41B | 2.55B | 3.31B |
| Total Assets | ||||
| 27.19B | 23.47B | 22.83B | 22.39B | 20.70B |
| Total Debt | ||||
| 13.86B | 12.98B | 11.76B | 12.42B | 12.25B |
| Net Debt | ||||
| 11.55B | 11.61B | 9.60B | 10.86B | 9.56B |
| Total Liabilities | ||||
| 19.64B | 17.10B | 17.58B | 17.60B | 16.28B |
| Stockholders Equity | ||||
| 7.52B | 6.32B | 5.15B | 4.68B | 4.37B |
| Cash Flow | Free Cash Flow | |||
| -1.16B | -963.90M | 831.40M | -511.90M | -245.20M |
| Operating Cash Flow | ||||
| 1.47B | 1.08B | 2.32B | 832.30M | 941.40M |
| Investing Cash Flow | ||||
| -2.40B | -2.33B | -1.86B | -863.30M | -1.39B |
| Financing Cash Flow | ||||
| 1.87B | 464.30M | 92.50M | -1.05B | 2.08B |
Terna S.p.A. Technical Analysis
Terna S.p.A. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | €17.93B | 16.86 | 19.05% | 2.67% | 15.80% | 19.91% | |
76 Outperform | €41.61B | 16.38 | 4.83% | 7.33% | -1.16% | -23.76% | |
75 Outperform | €17.54B | 13.93 | 16.18% | 4.44% | -16.40% | 10.90% | |
68 Neutral | €891.07M | 9.20 | 27.86% | 3.71% | 36.33% | 44.25% | |
58 Neutral | $7.43B | 3.43 | -4.49% | 10.08% | 0.81% | -49.42% |
Terna S.p.A. Corporate Events
Enrico Tommaso Cucchiani, a non-executive and independent director of Terna S.p.A., has resigned due to new professional commitments. His resignation will be effective upon the appointment of his successor. Cucchiani was elected in May 2023 and served as chairman of the Remuneration and Nominations Committee and a member of the Control and Risks Committee. Terna S.p.A. has expressed gratitude for his contributions and stated that no indemnities or benefits will be provided following his departure.
The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR9.25 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.
Terna S.p.A. announced the payment of a dividend of 0.2770 Euro per share for the financial year ending December 31, 2024, to be distributed starting June 25, 2025. This decision, approved by the shareholders’ meeting, reflects the company’s commitment to returning value to its shareholders, while the retained earnings from its own shares will be allocated to reserves.
The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR9.25 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.
Terna S.p.A.’s shareholders approved the 2024 Annual Financial Report and a dividend distribution of 39.62 cents per share, aligning with their dividend policy. The company also introduced a new Performance Share Plan for 2025-2029 and authorized the purchase and disposal of own shares, reflecting strategic moves to enhance shareholder value and operational efficiency.
The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR9.25 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.
Terna S.p.A. has made its consolidated interim management report as of March 31, 2025, available to the public. This report, approved by the Board of Directors, is accessible on the company’s website and through various official channels, reflecting Terna’s commitment to transparency and regulatory compliance.
The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR8.00 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.
Terna S.p.A. reported strong financial performance in the first quarter of 2025, with significant growth in investments aimed at enhancing the Italian electric system’s safety and supporting the energy transition. The company achieved a 5.1% increase in revenues and a 3.8% rise in EBITDA, driven by growth in both regulated and non-regulated activities. Investments rose by 16.4%, reflecting Terna’s commitment to infrastructure development, which is vital for a resilient and interconnected electric system. These results underscore Terna’s strategic importance in Italy’s energy landscape and its dedication to achieving its Industrial Plan goals.
The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR8.00 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.
Terna S.p.A. has made available to the public the latest financial statements of its subsidiaries and a summary prospectus of the associated companies’ financial data. Additionally, the accounting situations of non-EU subsidiaries have been released for the purpose of drafting the consolidated financial statements for the year ending December 31, 2024.
Terna S.p.A. has filed its 2024 Annual Financial Report, which includes various reports such as the management report, consolidated sustainability report, and financial statements. This documentation reflects Terna’s commitment to transparency and regulatory compliance, potentially impacting its operational efficiency and stakeholder trust.
Terna S.p.A. has filed its 2024 Annual Financial Report and other key governance documents with Borsa Italiana and made them publicly available. This filing includes comprehensive financial statements and sustainability reports, reflecting Terna’s commitment to transparency and regulatory compliance, which may enhance stakeholder confidence and influence its market position.
Terna S.p.A. has announced its upcoming Shareholders’ Meeting, scheduled for May 21, 2025, in Rome, where it will discuss the 2024 Annual Financial Report, profit allocation, a long-term incentive plan, and authorization related to treasury shares. The meeting will also address the remuneration policy and compensation reports. This meeting is significant for stakeholders as it outlines Terna’s financial health and strategic plans, potentially impacting its market position and shareholder value.
Terna S.p.A. has filed several important documents with Borsa Italiana S.p.A., including reports on the agenda for its upcoming Shareholders’ Meeting, a Long-Term Incentive Plan, and a remuneration policy report. These filings are crucial for stakeholders as they outline the company’s strategic plans and compensation frameworks, impacting future governance and operational strategies.
Terna S.p.A. has announced the convening of its ordinary Shareholders’ Meeting on May 21, 2025, to discuss key agenda items including the 2024 Annual Financial Report, profit allocation, a Long-Term Incentive Plan, and authorization for treasury share transactions. The meeting will be held virtually, allowing participation through a Sole Representative, Computershare S.p.A., in line with Italian legislative provisions. This meeting is significant as it addresses strategic financial decisions and governance policies that may impact the company’s future operations and stakeholder interests.
S&P Global Ratings has upgraded Terna S.p.A.’s long-term credit rating from ‘BBB+’ to ‘A-‘, reflecting improved creditworthiness following the Italian Republic’s rating upgrade. This enhancement in Terna’s rating, while maintaining a stable outlook, signifies strengthened financial stability and could positively impact its market position and stakeholder confidence.
Terna S.p.A. has approved an updated Industrial Plan for 2024-2028, highlighting a record investment of 17.7 billion euros to enhance Italy’s electricity grid and support energy transition. The plan emphasizes sustainable development, digitalization, and renewable integration, aiming to strengthen the country’s energy security and independence. The company reported significant financial growth in 2024, with a notable increase in revenues, EBITDA, and net profit, alongside a commitment to sustainability and achieving net zero emissions by 2050.
Terna S.p.A. has refinanced its ESG-linked revolving credit line, increasing it to 1.8 billion euros and extending its duration to five years. This move reinforces Terna’s commitment to sustainability by integrating ESG objectives into its financial strategy, thereby strengthening its financial structure and ensuring adequate liquidity.