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Financial strategy

The objective of the Groupís financial management is to maintain an adequate current and prospective balance between investments and uses of capital on the one hand and sources of funds on the other, in terms of the repayment schedule as well as the rate type.

In order to maintain the low risk profile that has been achieved, Hera is striving to improve the Groupís financial structure, aspiring towards an ďAĒ rating from the agencies.

IndexesE2021
Debt/Equity~ 1x
Debt/Ebitda~ 2.8x


Targets are pursued through the growth of operative results, which will lead to a positive cash generation, thus widely compensating investment needs and dividend payment

Page updated 30 July 2018

 
 
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