InvestorNews - Articles Archive
Search
-
Business Plan 2019-2023
Message from the executive chairman of the board
In the new Plan, the growth profile is more visible and dynamic, with lower risks and more sustainability
Within the frame of a scenario that looks challenging but provides plenty of opportunities, Hera sets its 2023 targets, leveraging on the Group strength that the healthy 2019 forecast results once again confirm. All indicators are on the rise compared to the previous Plan, with five-year cumulated dividends increasing by 20%.
-
Business Plan 2019-2023
Stories
Looking beyond the Plan, to become increasingly sustainable
Over the years, we progressively enriched and refined the setting of our accounting and planning activities. At the basis of our five-year planning process, there has always been the collection of business Key Performance Indicators underlying the Group’s economic objectives – an activity made at Business Unit level for every single fiscal year covered by the Plan.
-
Business Plan 2019-2023
Hera on stock exchange
With the new Plan, Hera strengthens its equity story and broadens the spectrum of target investors
The strong rally of Hera shares took place against a benign backdrop for equity investments, especially favouring the utility sector. The long-lasting scenario of low interest rates has played a key role in paving the way for multiples re-ratings, while geo-political uncertainties were mainly fuelling short-term volatility.
-
Business Plan 2019-2023
Looking at the figures
Focus on 2019-2023 plan
In the five-year Plan, clear strategic direction and efficient capital allocation are two factors at the heart of the expected acceleration in EBITDA growth, on a journey that will lead Hera to create even 539 m€ of Shared Value.
-
Financial Results 3Q 2019
Stories
Hera’s approach to the circular smart city
One of the megatrends that feature the evolution of our society is the concentration of global population in the cities. Increasing urbanization requires deep rethinking of the services that the utilities provide.
-
Financial Results 3Q 2019
Hera on stock exchange
Hera’s stock outperforms the benchmark indices
In a context of bullish stock markets, Hera can boast a number of Company-specific drivers. During 2019, Hera’s stock rose following a continuing upwards path. It over-performed both the FTSE MIB and the FTSE Italy All-share Utility Index, despite both indices had a significantly positive rally since the start of the year.
-
Financial Results 3Q 2019
Looking at the figures
Focus on nine-month 2019 results
9M 2019 results speed up the growth of key indicators of the P&L. Hera is swiftly proceeding along the route designed in the Business Plan to 2022. Progress so far is of mostly organic nature. The benefits of the significant M&A deal with Ascopiave will be effective only beginning 2020, when the process can be completed following the Antitrust approval.
-
Financial Results 3Q 2019
Message from the executive chairman of the board
Double-digit rise in net profit
Two factors characterise our nine-month 2019 results, i.e. net profit that grows in the double-digits and KPIs that accelerate quarter after quarter. Such features confirm that our efforts to put into play a set of proactive initiatives and their successful execution allowed Hera to counter factors that could have conditioned its growth rate, such as the expected margin decline in last-resort businesses.