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ARCHIVE OF SPEECHES BY KEY EXECUTIVES

Hera's Board of Directors presents Q1 financial results

Tomaso Tommasi di Vignano

Statement of Executive Chairman Tomaso Tommasi di Vignano

"We have decided to stay in touch with you and despite the recent legislation innovations we have decided to disseminate our Q1 results, and I believe that we can be virtually satisfied with the results obtained. There have been no major events happening, nothing which has changed our scenario. We tackled this quarter with a certain degree of concern because there were some external elements such as tariffs, which would have had an impact in our figures for the very first time. So we worked hard and I believe that we were able to be successful. Q1 went well with a major reduction of our financial debt equal to EUR147 million approximately. Therefore, we are now down to 2.5 billion vis-a-vis the 2.65 billion debt we had previously."

 
Stefano Venier

Statement of the Managing Director Stefano Venier

"In Q1 we concluded the acquisition of a small commercial company as we had done in 2015. This is the Julia Servizi Pi¨ company. This is a transaction which will give us a further 15,000 customers in the Abruzzo market region. I think that this is an important activity since a few years ago, we had identified that territory as a target we have to focus our efforts on, meaning that now we have a size which allows to be perhaps one of the top two players in the territory."

 
 
REINVENTING THE CITY Regenerating resources to move to a society based on the circular economy
 
REINVENTING THE CITY Regenerating resources to move to a society based on the circular economy
 
 
Sustainability and Shared value
 
SostenibilitÓ e Valore condiviso
 
 
2018 Economic results
 
Risultati economici 2018 - Il commento del Presidente