Today, the Hera Group’s Board of Directors, chaired by Tomaso Tommasi di Vignano, unanimously approved the consolidated operating results for the first half of 2020: the half-year report shows operating-financial indicators rising, thanks to increased efficiency achieved in the Group’s various business areas and the recently enlarged scope of operations. The Group’s overall investments amounted to 240.6 m, up 16.2% compared to the 207.0m recorded at 30 June 2019. Relying on its own financial solidity, Hera continued to proactively introduce, in the second quarter as well, a range of measures aimed at guaranteeing service continuity even while the emergency was still fully underway. Executive Chairman Tommasi has commented: “Continuing efforts will be made in pursuing growth during the second half of the year as well, in line with the targets set out in our Business plan, hoping that the external context also moves in the direction of a complete recovery.” CEO Venier said: “In addition to meeting our commitments with shareholders and providing continuity in all main services, this solidity allowed us to sustain our stakeholders, including customers and suppliers, confirming our close relations with local communities”.

The Hera Group is now part of the FTSE4Good Index Series, the series of ethical indexes conceived by FTSE Russell to bring together the most outstanding companies that, across the world, show active commitment towards sustainable development. Hera’s efforts in this area, which have always marked its way of doing business, have thus received significant recognition once again, just over one year after the Group was included in the FTSE MIB, the Borsa Italiana stock index that brings together the 40 largest companies on Piazza Affari. Industrial growth, circular economy and risk management are after all the main directives around which Hera’s latest business plan was conceived and drafted. Within 2023, the plan expects the amount of shared value Ebitda to increase to 530 million euro, reaching 42% of overall Ebitda. https://lnkd.in/deCHY65

Hera Group joins again this year the “Italian Sustainability Week” by the Italian Stock Exchange, completely online for the first time. Today and tomorrow the CEO Stefano Venier and the Investor Relations Director Jens Klint Hansen will take part in one-to-one meetings, but also with major Italian and foreign investors to face and talk about the multiutility sustainable growth strategies. Besides, the Hera Group has always been involved in including sustainable issues to its activities in a transversal way, as regularly reported in the Sustainability Report and witnessed by the growth of the “shared value” EBITDA (amounting to the 39% of the total in 2019), that is that part of the earnings before interest, taxes, depreciation, and amortization wich, beyond generating economic benefits, responds to the 2030 ONU Agenda goals. Find out other Hera Group sustainable development strategies: https://lnkd.in/gfD-36R

Water is a precious resource and the Hera Group, which manages over 50.000 km of water supply network in the Italian regions of Emilia-Romagna, Marche, and Triveneto, aims to constantly ensure its quality and security for 3.6 million clients. That is why the multiutility, member of the international network “Leading Utilities Of The Word”, is joining the world-leading companies of the global water community in sharing the Global Water Intelligence’s #OurWaterWorkers campaign, with the intention to thank the workers for the essential contribution they provide every day and most of all during this particular period. More at: https://lnkd.in/dr6RpGg