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Shareholders Meeting: 2020 financial statements approved, dividend rises to 11 cents

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Asset Publisher

28/04/2021
Shareholders Meeting: 2020 financial statements approved, dividend rises to 11 cents

Growth in results, thanks to good operating, financial and fiscal management. Focus on creating shared value for stakeholders and local areas confirmed, reinforced by the concept of corporate purpose introduced in the Articles of Association

President and CEO Hera

Hera’s Ordinary and Extraordinary Shareholders Meeting was held this morning in Bologna. The 2020 financial statements were approved, as was payment of a dividend rising to 11 cents per share (+10% compared to the last dividend paid), providing further confirmation of value creation for stakeholders and local areas. Among the various resolutions passed, the Meeting approved a number of amendments to the company’s Articles of Association, in particular introducing the concept of corporate purpose. The 2020 Sustainability Report was also presented at the Meeting.

Approval of the 2020 financial statements and growth in results

During the ordinary session, the Shareholders Meeting approved the 2020 financial statements, which showed improvement in the main operating and financial indicators, thanks to a solid, efficient and sustainable multi-business model and good operational, financial and fiscal management. Despite the health emergency that struck the world, Hera managed to close the year positively, guaranteeing quality and continuity in services and, at the same time, protecting its stakeholders with concrete actions, first and foremost employees, customers and suppliers.

Dividend increasing to 11 cents per share approved

The Shareholders Meeting then approved the Board of Directors’ proposal to pay a dividend coming to 11 cents per share, up 10% over the last dividend paid and higher than the amount foreseen by the Business Plan for the current year. The coupon date has been set at 5 July 2021, with payment starting on 7 July 2021.

The Sustainability Report: shared value Ebitda rises to 420.0 million euro

The Sustainability 2020 Report was also presented during the Shareholders Meeting, showing how improvement in operating and financial indicators goes hand in hand with the creation of shared value and positive effects for local areas, in the interest of the communities served.

In 2020, shared value Ebitda – i.e., results from business activities that, in addition to generating margins, meet the goals for sustainable growth defined by the UN Agenda and, more generally, national and international policies – rose to € 420.0 million euro (+7.2%), equivalent to 37.4% of total Ebitda.

Creating shared value now part of the Articles of Association

Another important step approved by the Shareholders Meeting concerns the introduction into the Articles of Association of Hera, one of the first companies in Italy to do so, of the concept of “Purpose”, with a focus on creating shared value. In particular, an additional paragraph was included in Article 3 to explain the Group’s corporate purpose, i.e. the goals it aims to achieve in carrying out its business activities. This emphasises Hera’s commitment to sustainability, which has characterized it since its establishment.

Asset Publisher

19/06/2024

We rank first in the 2024 ESG Identity Corporate Index

For the fourth consecutive year, we are on the podium of the overall index ranking, which rewards Italian companies that stand out for integrating ESG factors into their governance

14/05/2024

Hera Group BoD approves results for 1Q 2024

The consolidated quarterly report at 31 March shows improvement in the main operating and financial indicators

30/04/2024

Hera Shareholders Meeting: 2023 financial statements approved and dividend increased to 14 cents

The Group continues along its path of uninterrupted growth, closing 2023 with record performance in the main operating and financial indicators, thus constantly creating value for its stakeholders

26/03/2024

Hera Group approves results as at 31/12/2023

The year closed with main financial indicators rising and the targets included in the strategic Plan to 2026 exceeded three years ahead of schedule

04/03/2024

The passing of Hera S.p.A.'s Vice Chairman, Mr. Gabriele Giacobazzi

We hereby inform you that on March 3, 2024, the Vice Chaiman of the Board of Directors, Mr. Gabriele Giacobazzi, passed away.

04/03/2024

Hera Group and Panasonic Industry together for the diffusion of NexMeter on the national market

The Japanese electronics leader collaborates with the multi-utility to distribute the NexMeter 4.0 gas meter, with advanced features in the field of measurement

06/02/2024

Over 1 million new electricity customers as of 1 July

With the 7 lots awarded in the tender for the Gradual Protection Service for non-vulnerable household customers, the Hera Group consolidates its position as the sector’s third largest operator in Italy

25/01/2024

Hera Group expands in the industrial waste sector with TRS Ecology

With the acquisition of 70% of the Piacenza-based company, the Group reinforces its leadership in the waste management sector

24/01/2024

Hera Group presents Business Plan to 2027

Development, resilience and creating shared value for stakeholders are at the heart of the Group’s new strategic document, which foresees investments totalling 4.4 billion to speed up the ecological transition and enhance asset resilience to climate change

18/01/2024

Top Employer for the 15th Consecutive Year

Once again in 2024, we confirm our position among the best performers in human resources management, thanks to substantial investments in welfare, training, and skill development

Search Results

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Java method "static it.reply.open.hera.template.custom.service.WidgetTemplateTool.getDateFormattedBy(String, String, Locale)" threw an exception; see cause exception in the Java stack trace.

----
FTL stack trace ("~" means nesting-related):
	- Failed at: publishDate = hera_template_tool.getD...  [in template "20099#20135#57725658" at line 73, column 13]
----
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29HERA_FIELD_ENTRY_CLASS_NAME_DDLRECORD="com.liferay.dynamic.data.lists.model.DDLRecord" 
30HERA_FIELD_ENTRY_CLASS_NAME_DDMFORMINSTANCERECORD="com.liferay.dynamic.data.mapping.model.DDMFormInstanceRecord" 
31HERA_FIELD_PREFIX="ddm__keyword__" 
32HERA_FIELD_PREFIX_TEXT="ddm__text__" 
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35HERA_FIELD_IMMAGINE_TYPE2= "__immagine_r13v_" 
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40HERA_CONTENT="content_" + languageId 
41 
42CATEGORY_HERA_SPA=languageUtil.get(locale, "hera-spa") 
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55<#assign docs=searchContainer.getResults() /> 
56 
57 
58<div class="container archivio my-4"> 
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63 
64            <#assign contentTitle=hera_template_tool.highlight(d.get(HERA_FIELD_LOCALIZED_TITLE),searchResultsPortletDisplayContext.getKeywords(), isHighlightEnabled?boolean) 
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73            publishDate=hera_template_tool.getDateFormattedBy(d.get(HERA_FIELD_PUBLISH_DATE),"dd/MM/yyyy",locale) 
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78            d.get(HERA_FIELD_ENTRY_CLASS_NAME), d.get(HERA_FIELD_CLASSPK)?number, true, currentUrl) 
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80            layout.getName(locale)) /> 
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82            <#attempt> 
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91 
92            <div class="post-item mb-3"> 
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95                    <div class="row d-flex align-items-center"> 
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97                        <div class="row d-flex align-items-center min-height-168"> 
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102                                    <img title="${immagineInEvidenzaObj.name}" alt="${titlepage}" class="agg-tile-image img-archivio-news" src="${immagineUrl}" /> 
103                                </div> 
104                                <div class="col-xs-9 col-md-10 offset-lg-1 col-lg-9 px-5 px-md-0"> 
105                                    <div class="container px-lg-3 pr-xl-4"> 
106                                        <div class="black py-2 small"> 
107                                            <div class="mr-0 mr-md-5 d-inline"> 
108                                                <#attempt> 
109                                                    ${contentDate} 
110                                                    <#recover> 
111                                                </#attempt> 
112                                            </div> 
113                                            <#assign assetCategoryList= hera_template_tool.getAssetCategoryList(d.get("rootEntryClassPK"))/> 
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120                                                    <#if catName==CATEGORY_IR_PRICE> 
121                                                        <#assign checkcategory=1 /> 
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123 
124                                                    <div class="mr-2 d-inline gruppo-color-bg white px-1 py-0 py-lg-1 py-md-1 ${catName?lower_case}"> 
125                                                        ${catName} 
126                                                    </div> 
127                                                </#if> 
128                                            </#list> 
129                                        </div> 
130 
131                                        <h3 class="titlesize bigger black letter-spacing-sm bolder"> ${contentTitle}</h3> 
132                                        <#if description?? && description?has_content> 
133                                            <div class="d-none d-lg-block greyish-brown tilesize"> ${description} </div> 
134                                        <#else> 
135                                            <div class="d-none d-lg-block greyish-brown tilesize"> 
136                                                ${contentSummary} 
137 
138                                            </div> 
139                                        </#if> 
140                                        <#if checkcategory==1> 
141                                            <i class="black py-2 mr-0 mr-md-3"> 
142                                                <#if publishDate!=""> Online dal ${publishDate} </#if> 
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144                                                <#if oraPubblicazioneObj!=""> 
145                                                    alle ore ${oraPubblicazioneObj?datetime("HH:mm:ss")?string("HH:mm")} 
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147                                                <#--</#list>--> 
148 
149                                            </i> 
150                                        </#if> 
151                                    </div> 
152                                </div> 
153                            <#else> 
154                                <div class="col-xs-12 col-md-10"> 
155                                    <div class="container"> 
156                                        <div class="ml-4 black py-2 small mr-3"> 
157                                            <div class="mr-5 d-inline"> 
158                                                ${contentDate} 
159                                            </div> 
160                                            <div class="mr-2 d-inline gruppo-color-bg white px-1 py-0 py-lg-1 py-md-1"> 
161                                                <#assign assetCategoryList= hera_template_tool.getAssetCategoryList(d.get("rootEntryClassPK"))/> 
162                                                <#list assetCategoryList as entryCategory> 
163                                                    <#if entryCategory.vocabularyId == vocabularyId> 
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165                                                        <#if catName==CATEGORY_HERA_SPA> 
166                                                            <#assign checkcategory=1 /> 
167                                                        </#if> 
168                                                        <#if catName==CATEGORY_IR_PRICE> 
169                                                            <#assign checkcategory=1 /> 
170                                                        </#if> 
171 
172                                                        <div class="mr-2 d-inline gruppo-color-bg white px-1 py-0 py-lg-1 py-md-1"> 
173                                                            ${catName} 
174                                                        </div> 
175                                                    </#if> 
176                                                </#list> 
177                                            </div> 
178                                        </div> 
179                                        <h3 class="titlesize bigger ml-4 black letter-spacing-sm bolder"> ${contentTitle}</h3> 
180                                        <#if description?? && description?has_content> 
181                                            <div class="d-none d-lg-block black tilesize ml-4"> 
182                                                ${description} 
183                                            </div> 
184                                        <#else> 
185                                            <div class="d-none d-lg-block greyish-brown tilesize ml-4"> 
186                                                ${contentSummary} 
187																							   
188                                            </div> 
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190                                        <#if checkcategory==1> 
191                                            <i class="ml-4 black py-2 small mr-3"> 
192                                                <#if publishDate!=""> Online dal ${publishDate} </#if> 
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194                                                <#if oraPubblicazioneObj!=""> 
195                                                    alle ore ${oraPubblicazioneObj?datetime("HH:mm:ss")?string("HH:mm")} 
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198                                            </i> 
199                                        </#if> 
200                                    </div> 
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202                            </#if> 
203                        </div> 
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Hera SpA, Viale Carlo Berti Pichat 2/4, 40127 Bologna, Tel.051287111 www.gruppohera.it