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Hera Group: your Multiservices
Financial results
1Q 2025
The results of a multi-business strategy and long-term value creation,
rising to tomorrow’s challenges today
Interactive 2024 annual report
The results of a multi-business strategy and long-term value creation,
rising to tomorrow’s challenges today
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Creating shared value
2024
What we said we would do, What we did, What we will do:
we report on goals and results for the sustainability of today and tomorrow
Innovators by nature
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FIB3R is the first plant in Europe
to recycle carbon fibre on an industrial scale
Innovation accelerating the ecological transition
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What is the purpose of our work?
Find it out here
Innovation for
Sustainability
We invest in research and development to find new solutions that aim for a
sustainable future, creating value for our Group and the local area we serve.
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The Hera Group is the first Italian coalescence of municipally owned companies that (adopting a multi-business approach oriented to the creation of shared value for all stakeholders) manages the supply of energy, water and environmental services, as well as public lighting and telecommunications to citizens and businesses. Founded in 2002 and listed on the Italian stock exchange in 2003, Hera has made its direct relationship with the territory a real asset that has improved its resilience and ability to drive change: ecological transition, circular economy and innovation. Within the national context, the prime position of our Group can be detected from its statistics: more than 9,400 employees work to offer tailor-made services for customers and businesses, and to meet the needs of 4.2 million citizens in 311 municipalities located in Emilia-Romagna, Veneto, Friuli-Venezia Giulia, Marche and Tuscany.
Citizens and customers have always been aware of the vital need for the services we provide to the local area, and they recognise our reliability, competence, and responsibility in managing the business. This confirms and strengthens the "purpose" that directs us and encourages us to strengthen our strong ties with the communities we serve.
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Our business plan is based both on regulated markets and on free market activities, always incorporating the principles of sustainability and working to create shared value.
Financial results as at 31 March 2025
Financial results as at 31 March 2025
The consolidated financial results as at 31 March 2025 were approved by the Board of Directors of the Hera Group on May 14, 2025
Financial Statements 2024
Financial results as at 31 December 2024
The consolidated financial results as at 31 December 2024 were approved by the Board of Directors of the Hera Group on 26 March 2025
Creating shared value 2024
What we said we would do, What we did, What we will do: we report on goals and results for the sustainability of today and tomorrow
Through our activities we contribute to achieving the sustainability goals set out in the UN's 2030 Agenda.
Of the 17 goals set by the United Nations, we pursue 11 that are in line with our services, along three lines: smart use of energy, efficient use of resources, and innovation and contribution to development.
Smart Use of Energy
We are working towards this goal by reducing our energy consumption, promoting renewable energy sources, and pursuing decarbonisation.
Efficient Use of Resources
We are committed to increasing the quality of separate waste collection and the recovery of materials and energy, and are working on major initiatives to improve the circularity of our services.
Innovation and contribution to development
We create economic development and employment for our local area by investing in innovation and digitalization. We also focus on initiatives to protect the air and soil.
Participatory modelling for a shared vision of sustainable development.
Throughout our ongoing growth process, we are committed to offering our investors clear and transparent
information, while working to ensure our shareholders receive an adequate return on their investment
both in economic terms and in terms of creating shared value.
The mission of our governance system is to create shared value for all our stakeholders. To do so, corporate governance is committed to assessing the constantly evolving environment in which we do business to ensure that growth continues and to strengthen our relationship with the local community.
Governance System
An effective system to assess the complex stimuli coming from the surrounding environment.
Shareholders' meetings
The company's deliberative body
Environment
Environment
Digitalization
Digitalization
Circular
Economy
Circular
Economy
Research
Research
For the 16th time, also in 2025 in we are at the top of the ranking, among the first three Italian companies for excellence in human resource management.
This year, for the fourth year in a row, we have been included in the international index assessing gender equality, diversity and inclusion
Our Results
We are committed to balancing economic and financial objectives with environmental and social sustainability, to create value for ourselves and for the local area we work in.
(+6.2% compared to 2023)
€ million Shared value EBITDA
54% of total (+10.4% compared to 2023)
Net profit attributable to shareholders
Investments in innovation and digitalisation
Source: Financial Results 2024 and Creation of Shared Value 2024
Development, resilience and creating shared value for stakeholders are at the heart of the Group’s new strategic document to 2028, which foresees investments totalling 4.8 billion to speed up the ecological transition and enhance asset resilience to climate change.
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Hera Group unveils FIB3R
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Stay updated on the financial results and Business plans of the Hera Group