Outstanding Q1 performance by the Italian group with revenues increasing +28.3% to €1,585m, EBITDA increasing +10.2% to €306.8m and net profit growing +20.5% to €109.9m. The strong performance has been achieved by growth in all businesses, especially in the energy sales area, growth in its customer base, positive trading performance and higher regulated revenues. An increase in operating cash flows has allowed the group to fully finance two additional acquisitions, a financial
10 May 2017
A strong start of the year confirms positive growth expectations
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A strong start of the year confirms positive growth expectations
Hera S.p.A. (HE9:FRA) | 0 0 1.2% | Mkt Cap: 4,120m
- Published:
10 May 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Outstanding Q1 performance by the Italian group with revenues increasing +28.3% to €1,585m, EBITDA increasing +10.2% to €306.8m and net profit growing +20.5% to €109.9m. The strong performance has been achieved by growth in all businesses, especially in the energy sales area, growth in its customer base, positive trading performance and higher regulated revenues. An increase in operating cash flows has allowed the group to fully finance two additional acquisitions, a financial