InvestorNews - Articles Archive
Search
-
Business Plan 2018-2022
Stories
Hera’s business plan envisages growth that is increasingly moving towards a regen-erative approach, designed to maximize the creation of shared value
In 2016, we added the Shared Value Creation perspective to our approach to Corporate Social Responsibility. This allowed us to directly quantify and represent how the activities of the Group contribute to operating margins and, at the same time, meet the guidelines provided by the United Nations and included in drivers of the Global Agenda.
-
Business Plan 2018-2022
Hera on stock exchange
New features of the Plan to 2022 strengthen Hera’s equity story
Despite the remarkable recovery achieved from 10 December 2018 onwards, Hera stock continues to trade at a discount compared to the consensus target price of broker coverage, presently at 3.28 euro. Most analyst ratings indicate buying suggestions, with only one neutral rating and no selling recommendation.
-
Business Plan 2018-2022
Looking at the figures
Focus on the 2018-2022 Plan’s targets
In the new plan, which will lead Hera towards 2022, we have chosen to evolve our business in order to improve the quality and reliability of the services we offer, believing that our economic and commercial success will depend on how we address that challenge.
-
Business Plan 2018-2022
Message from the executive chairman of the board
2018-2022 Business Plan underpinning Hera’s investment case
The new Business Plan for the 2018-2022 period starts with a convincing performance already in its first year; our forecast for 2018 EBITDA is 1,020 m€, a growth of 35 €m compared to 2017. Over the last two years, Hera has therefore achieved an EBITDA increase exceeding by 16 m€ that included in the rolling Plan to 2021. Actually, we fully delivered the target of cumulated growth of 210 m€ that we had announced in 2013 for the following five-year period.