Results and Presentations
Hera BoD approves financial results as at 31 December 2024
For Hera the year 2024 closed with improvement in operating results and investments compared to the previous year. EBITDA amounted to 1,588 million euro, up 6.2%; EBIT was up 12.0%, and net profit post minorities stood at 495.5, up 32%. On the investment side, growth of 4.2% was recorded compared to 2023, reflecting the Group's continued focus on growing, enhancing and strengthening the resilience of assets under management.
All business areas contributed to these results, in particular the good performance of the energy, waste and water cycle areas.
The capital/financial structure showed a significant improvement compared to 2023, with the DEBT/EBITDA ratio reaching 2.5x.
The total value of net financial debt was 3,963.7 million euro, an increase of about 136 million compared to the previous year.
Economic data (mln €) | 2024* | Inc. % | 2023* | Inc. % | Change% 23-24 |
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Revenues | 12,889.7 | 100.0% | 15,331.1 | 100.0% | (15.9%) |
Ebitda | 1,587.6 | 12.3% | 1,494.7 | 9.7% | +6.2% |
Ebit | 829.9 | 6.4% | 741.0 | 4.8% | +12.0% |
Pre tax profit | 688.4 | 5.3% | 536.5 | 3.5% | +28.3% |
Net profit | 535.9 | 4.2% | 417.0 | 2.7% | +28.5% |
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Shareholders of Parent Company adjusted | 494.5 | 3.8% | 375.2 | 2.4% | +31.8% |
Minority shareholders | 41.4 | 0.3% | 41.8 | 0.3% | (1.0%) |
* Net of non-recurring items
Economic data (36 kb - XLS)
To learn more: Financial results Hera has reported since its constitution in 2002: Summary data 2002-2024 (73 kb - XLS)
Page update 26 March 2025