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Annual General Meeting 2020 will be held on April 29, 2020
During 2020 AGM financial results as at 31/12/2019 will be approved and major fiscal year events will be presented to shareholders, with a special focus on CSR and creation of shared value key indicators.

 

In light of the positive preliminary results for 2019, which show trends of growth higher than expected by the previous Plan, and the M&A transactions carried out, Hera now presents its new five-year strategic document. It reflects the Group's commitment towards further industrial development, sustained by investments, innovation and an eye to sustainability. Hera confirms its role as a "local multi-utility", capable of creating value for the areas in which it operates and for all stakeholders. In order to sustain an increase in 2023 Ebitda, coming to 1,250 million euro (+219 million over 2018 Ebitda), the Group's strategy calls for investments amounting to 2.9 billion euro over the period covered by the plan.

 

The Group closed the year with improvement in all main results. Indeed, Group Ebitda increased to 1,085.1 million euro (+5.2%), up 54 million compared to the 1,031.1 million seen in 2018. This growth was sustained by the Group's various business activities, with the energy areas rising by 20.1 million overall, mainly thanks to a good performance in the gas area and positive contributions also coming from the water and waste management areas.

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 del Gruppo Hera