Menu Display


Alert Web

HeraAssetPublisherFilterComuneSelector

InvestorNews


Insights for Investors

Financial Results 1H 2026

Asset Publisher

29/07/2026

Message from the Executive Chairman of the Board

Ahead of schedule towards the Plan targets

The entity and nature of EBITDA growth in first-half 2026 indicate that Hera is skilfully leveraging both organic investments and M&A to deliver the value creation that underpins the Total Shareholder Return promised to shareholders.

29/07/2026

Looking at the figures

Focus on Half-Year 2026 results

In the first half of 2026, Hera showed a convincing performance of EBITDA for all capital intensive businesses. Energy Supply, which accounts for about 34% of the Group’s EBITDA, also saw a gradual normalisation and recorded a marked acceleration, to the point of offsetting the contributions from non-recurring activities that had been present in the first half of 2025.

29/07/2026

Hera on stock exchange

Half-year results suggest significant upside potential for Hera stock

Results for the first half of 2026 show that Hera deserves to trade at higher Price/Earnings multiples than current levels. The 7.5% EBITDA rise, mostly driven by recurring factors and heavily concentrated in regulated businesses, combines with a financial profile that remains solid despite high levels of investment.

29/07/2026

Stories

From Corporate Governance to Territorial Governance

How relationships with Public Shareholders create value for Hera and the areas where the Group operates. We continue the conversation that began in our March newsletter with Mr. Roberto Gasparetto, Group Manager for Relations with Local Authorities.

Investo subscribe banner

Subscribe to InvestorNews

to stay updated on Hera Group’s results and strategy

Subscribe

Pre-Footer Standard

Hera SpA, Viale Carlo Berti Pichat 2/4, 40127 Bologna, Tel.051287111 www.gruppohera.it

HeraSmartsearchAgent