The group has confirmed its growth strategy, mainly to reinforce the network part of the business, backed by the following points to be achieved by 2019: • €1.03bn in EBITDA (an additional 1% increase compared to the previous objective and a 4.5% CAGR); • Capex and financial investment €2.2bn (5% increase); • Net debt/EBITDA ratio of 2.9x; • To achieve at least 2.3m energy customers. The new business plan includes the integration of the lower regulatory WACC revi
12 Jan 2016
2016-19 business plan revealed: growth, efficiency, and M&A
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2016-19 business plan revealed: growth, efficiency, and M&A
Hera S.p.A. (HE9:FRA) | 0 0 1.2% | Mkt Cap: 4,120m
- Published:
12 Jan 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The group has confirmed its growth strategy, mainly to reinforce the network part of the business, backed by the following points to be achieved by 2019: • €1.03bn in EBITDA (an additional 1% increase compared to the previous objective and a 4.5% CAGR); • Capex and financial investment €2.2bn (5% increase); • Net debt/EBITDA ratio of 2.9x; • To achieve at least 2.3m energy customers. The new business plan includes the integration of the lower regulatory WACC revi