Menu Display


Alert Web

HeraAssetPublisherFilterComuneSelector

Hera Group approves results for 1H 2025

[TESTATA] Comunicati Stampa

Asset Publisher

Hera Group approves results for 1H 2025

30/07/2025
Hera Group approves results for 1H 2025

The consolidated half-year report at 30 June shows increased net profit and capital expenditures, in line with corporate strategies and the targets contained in the Business plan. In a phase of market normalisation, the Group’s operating and financial solidity is confirmed.

Business and financial highlights

  • Revenues at 6,786.2 million euro (+18.7%)
  • Ebitda at 721.7 million euro (-1.5%)
  • Net profit for Shareholders at 229.3 million euro (+5%)
  • Gross operating investments at 414.0 million euro (+20.2%)
  • Net financial debt at 3,927.1 million euro (-0.9% compared to December 2024), with Net debt / Ebitda at 2.49x (-7.5% compared to June 2024)
  • Return on investment improves, with ROI rising to 10.3% and ROE to 11.5%

Today, the Hera Group’s Board of Directors, chaired by Executive Chairman Cristian Fabbri, unanimously approved the consolidated results at 30 June 2025. The results for the first half of 2025 show a positive structural performance, with growth in net profit and capital expenditures compared to the same period of the previous year. The Group’s solid multi-business industrial model, balanced between regulated and free market activities, along with its efficient financial management, allow Hera to continue along its path of growth, both internally and through acquisitions, increasing the value and resilience of its assets and contributing to the sustainable development of served areas and the creation of value for all stakeholders.

Cristian Fabbri, Executive Chairman of the Hera Group:
“In the first half of the year, we continued to increase our creation of value by leveraging the Group’s industrial growth and financial solidity. Cash generation allowed us to finance investments coming to over 400 million euro, up 20%, with the greatest increases going towards plant development in the waste management area and water cycle resilience. The solidity of our balanced business portfolio is reflected in the rise of Return on Equity, which stands at 11.5%. These results show that we are on track with our Business plan.”

Orazio Iacono, CEO of the Hera Group:
“Good operating performance and financial optimisations supported a 5% increase in net profit attributable to shareholders, which reached 229.3 million euro. These results confirm our ability to continue our path of growth, even in a complex macroeconomic scenario, keeping our focus on resilience, sustainability and innovation. The positive cash generation contributed to a further reduction in net debt, bringing the net debt/Ebitda ratio to 2.49x, which gives us significant strength for targeting future growth opportunities.”

Revenues rise to 6.8 billion euro
Revenues for the first half of the year amounted to 6,786.2 million euro, up sharply from the 5,716.5 million euro seen at 30 June 2024 (+18.7%), mainly due to higher energy commodity prices and the higher value of trading.

Ebitda at 721.7 million euro
The result was underpinned by a strong growth in all businesses (+7% increase), visible in a comparison on a like for like basis with first half 2024 Ebitda (733 million euro) excluding the temporary opportunities (mainly linked to last resort markets and the super ecobonus) amounting to approximately 56 million euro. First half 2025 adjusted growth is fully in line with Business plan targets.

Net operating result stable and result before taxes increases
Ebit for the first six months of 2025 amounted to 383.2 million euro, as against 385.1 million euro in the first half of 2024, as a result of lower provisions mainly related to last resort markets, which more than offset higher depreciation and amortisation for the substantial capital expenditures in development, especially in the regulated sectors.
The ongoing improvement in financial operations, down by about 23 million, was due to reduced interest rates and a rationalisation of the financial structure, also following the progressive and further normalisation of the energy market. The effective operational and financial management allowed the result before taxes to rise to 351.2 million euro (+6.6%), compared to 329.6 million euro at 30 June 2024.

Net profit for Shareholders rises to 229.3 million
Despite the increased tax rate, at 29% vs 28% in the first half of 2024, net profit at 30 June 2025 rose to 249.4 million euro, up (+5.1%) from 237.3 million euro in the same period of 2024. Similarly, net profit attributable to the Group’s shareholders also rose, reaching 229.3 million euro (+5%), compared to 218.4 million euro at 30 June 2024. These results once again confirm the creation of value for all stakeholders, perfectly in line with the expectations of the Business plan.

Operating investments up by 20.2% and Group solidity further strengthened
Operating investments, including capital grants, amounted to 414.0 million euro (+20.2%) in the first half of 2025, as against 344.4 million euro at 30 June 2024. This increase was mainly due to the performance of water and waste sectors.
Net financial debt stood at 3,927.1 million euro, an improvement over both the 3,963.7 million euro at 31 December 2024 and the 4,063.5 million euro seen in the first half of 2024, thanks to the positive cash flow that fully covered increased capital expenditures and dividend payments. Therefore, the Group’s financial solidity was confirmed once again, providing it with the necessary flexibility to continue to seize further growth opportunities, both organic and M&A. The net debt/Ebitda ratio also improved, dropping to 2.5x (-7.5% compared to June 2024), as did the indicators for return on investment, with ROI rising from 9.6% in the first half of 2024 to 10.3% and ROE going from 11.3% to 11.5%.

Shared-value Ebitda increases significantly, reaching 59% of total Ebitda
In the first six months of the year, shared-value Ebitda, which refers to business activities that also meet the targets on the Global Agenda, reached 59% of total Ebitda, up 5 percentage points compared to the 2024 figure.
The Hera Group has continued its intense work to combine its growth strategies with the generation of value in the medium and long term. This is also confirmed by its place in the ranking of the ESG Identity Corporate Index 2025, awarded for the integration of ESG factors in its governance, by Hera's inclusion in the FTSE4Good Index Series for the sixth consecutive year, thanks to its active commitment to sustainable development, and by the most recent “Climate A list” award from the independent international organisation CDP, assigned to Hera for its fight against climate change and transparency in environmental reporting.

Gas
Ebitda for the gas area, which includes natural gas distribution and sales, district heating and energy efficiency services, rose to 260.3 million euro in the first half of 2025, compared to 256.5 million euro at 30 June 2024 (+1.5%). Despite lower margins in last resort markets and energy efficiency activities, due to regulatory changes concerning renovations and the ecobonus, this positive result was achieved due to both higher regulated revenues from gas distribution and the optimisation of modulation costs in gas sales.
In the first half of 2025, gross capital expenditures made in the gas area rose to 83.8 million euro (+7.9%) and involved gas distribution networks and plants and the district heating service. The main interventions in district heating included the ongoing project to interconnect the Bologna city centre network with the waste-to-energy plant, as well as works for the construction of the hydrogen production plant in Trieste, while the Hydrogen Valley project in Modena also continued.
The number of gas customers stood at 2 million.
The gas area accounted for 36.1% of Group Ebitda.

Electricity
Ebitda for the electricity area, which includes electricity generation, distribution and sales services as well as public lighting, amounted to 114.1 million euro highlighting a positive growth comparing with the data of first half 2024 of about 144.2 million euro, excluding the extraordinary, non-recurring contribution from the protected customer segment. In fact, a like-for-like comparison with 30 June 2024 shows a positive contribution coming from higher electricity distribution margins, and increased volumes sold to end customers, driven by commercial development especially in the free market.
The number of electricity customers increased by 44.4% compared to the first half of 2024, reaching 2.6 million, mainly due to the acquisition in July 2024 of the household customers covered by the Gradual Protection Service.
As regards public lighting, in the first half of the year 47,800 lighting points were acquired in 15 new municipalities, mainly in Emilia-Romagna, Triveneto, Tuscany, Lombardy, Umbria, and Liguria.
At 30 June 2025, gross capital expenditures were 9.3% lower than in the same period of 2024 and totalled 53.6 million euro, mainly focused on electricity distribution, to improve network resilience and increase distributable power.
The electricity area accounted for 15.8% of Group Ebitda.


Water cycle
Ebitda for the integrated water cycle area, which includes aqueduct, purification and sewerage services, rose to 156.5 million euro, up 7.1% from the 146.2 million euro seen in the same period of 2024. This growth was mainly due to the significant capex plan, grounded in measures aimed at promoting and enhancing innovative interventions for the efficiency and resilience of the served areas. Precisely thanks to the efforts made over the last five years, ARERA’s incentive mechanism for the integrated water service awarded the Hera Group 26 overall bonuses for the 2022-2023 two-year period thanks to the technical quality results achieved, and these bonuses will have a positive impact on Ebitda in the second half of the year. This recognition is particularly significant because it concerns all nine regional areas managed, from Trieste to Pesaro.
In the first half of 2025, capital expenditures in the integrated water cycle area, including capital grants, amounted to 154 million euro (96.1 million euro in aqueducts, 40.8 million euro in sewerage and 17 million euro in purification), up 43.1% compared to 107.6 million euro in the same period of 2024. These capital expenditures mainly made infrastructures increasingly efficient and resilient, thus mitigating the impacts of climate change.
More specifically, capital expenditures in the aqueduct were aimed at upgrading and renewing the distribution network; in the sewerage sector, in addition to maintenance works to upgrade the network in several localities served, note the beginning of construction of the south tanks in Rimini as part of the seawater protection plan (PSBO) and the construction of a first rain tank in the municipality of Cattolica; in the purification sector, note the upgrading and expansion of the Ravenna purification plant.
The integrated water cycle area accounted for 21.7% of Group Ebitda.

Waste management
Ebitda for the waste management area, which includes waste collection, treatment and recovery services, rose to 175.4 million euro (+2.3%), as against the 171.5 million euro at 30 June 2024. The waste sector is experiencing continuous growth despite a complex macroeconomic scenario and a slowdown in industrial production. The performance seen is even more appreciable when compared with a like-to-like 2024 figure, normalised by the non-recurring contribution included in 2024 resulting from the 2023 fixing of the forward sale price of electricity generated by waste-to-energy plants, set at higher values than 2024 and 2025 market prices. Not including this component, the assets in the portfolio showed positive growth in the recovery market, the industry market, industrial site remediation and the integrated global service offer.
In the first half of 2025, the Hera Group continued its development driven by the industrial transition, sustainability and innovation, as shown by the fully operational FIB3R plant in Imola (Bologna), the first of its kind in Europe capable of regenerating carbon fibre composites on an industrial scale. Material recovery, production of green gases such as biomethane, and technological innovation in reclamation and industrial decommissioning services were all confirmed as strategic, leveraging in particular Group subsidiary ACR’s market leadership and operating capacity. The most recent acquisitions have further increased the scope of activities in special waste treatment and plastic recycling. The latest is the acquisition of Ambiente Energia, which will be effective in the second half of 2025. Sorted waste collection in the first half of 2025 rose to 75.3%, up 1 percentage point compared to the same period in 2024.
In the first half of 2025, gross capital expenditures in the waste management area rose to 72.7 million euro, up 32.7% compared to the previous year, mainly for optimisation and expansion of waste treatment plants and, in part, the collection area and equipment sector. The waste management area accounted for 24.3% of Group Ebitda.
 


 


 


 


 

Online from 30 July 2025 at 14:12

Hera Custom Facet Publish Date

Custom Facet

ddmStructureKey

Category Facet

category

Asset Publisher

16/03/2026
Hera Group finalises the acquisition of the Sostelia Group and becomes Italy’s leading player in water treatment

The integration further strengthens the multi-utility’s position in both municipal and industrial water treatment, while activating strong commercial synergies with its subsidiary Herambiente. The transaction, with a total value of €138 million, is expected to contribute more than €20 million to the growth of the Hera Group’s EBITDA.

A group rooted across Northern Italy
Today the Hera Group has finalised the acquisition of 100% of STA Società Trattamento Acque S.p.A., based in Mantua, together with its subsidiaries: NTW (Cornuda – Treviso), CID (Colloredo di Monte Albano – Udine), NPC (Marene – Cuneo), Trentino Acque (Lavis – Trento), COMS (Talmassons – Udine) and Acque della Concordia (Mantua). 
Taken together, these companies form the Sostelia Group, which, thanks to the distinctive expertise of its entities, ranks among Italy’s leading private players in the water treatment sector, offering advanced technologies, research and development capabilities, and high-level technical know-how. The sale was carried out for 65% by Xenon Fidec, an impact private equity fund managed by Xenon AIFM, and for the remaining 35% by entrepreneurs, minority shareholders of STA who, starting in August 2023, had transferred the entire share capital of the individual companies to the fund.

Signing completed following the successful verification of the conditions precedent
Today’s closing follows the successful verification of all conditions precedent set out in the binding agreement signed on 19 January and announced on the same date. These included, among other things, the prior divestment of 100% of Smart SEA, a company excluded from the scope of the transaction.

The Sostelia Group’s key figures
The Sostelia Group manages more than 1,200 treatment plants, serves over 1,200 active clients, employs around 350 people and has a turnover of approximately €100 million. Around 70% of its activities are focused on industrial clients.

A leading player in water treatment is born
Through this acquisition, the Hera Group further strengthens its positioning both the Water and Waste sectors, in the treatment of municipal and industrial water – an area that is highly synergistic with its activities. 
As outlined in greater detail in the press release issued when the binding agreement was signed, with this acquisition the Hera Group becomes  the reference player in Italy in water treatment, with an integrated offer across the entire supply chain.: from design and construction to operation and maintenance, through to the treatment and disposal of liquid waste and sludge associated with purification processes.

Economic rationale: enterprise value of €138 million and more than €20 million contribution to EBITDA
The transaction has an enterprise value of €138 million and is expected to generate a contribution of more than €20 million to the growth of the Hera Group’s consolidated EBITDA, in addition to the value of the expected integration synergies. 

Advisors involved in the transaction
In the transaction, Hera was advised by PwC as strategic advisor and by GA-Alliance for legal matters, while Xenon was advised by Rothschild & Co. as financial advisor, by LCA for legal matters, and by Deloitte Financial Advisory and Fortlane Partners.

The Hera Group is one of Italy’s largest multi-utilities and operates in the environmental, energy and water sectors, with more than 10,500 employees. Over 7.5 million citizens receive at least one service provided by the Group. Listed since 2003, Hera ranks among the top 40 Italian companies by market capitalisation (it is part of the FTSE MIB index) and since 2020 has been included in the Dow Jones Sustainability Index (recently renamed the Dow Jones Best-in-Class Index). https://eng.gruppohera.it

Xenon FIDEC is one of the first Italian sustainable private equity funds, in compliance with Article 9 of the SFDR Regulation. It supports entrepreneurs and companies in building Italian leaders active in the energy and ecological transition, and is managed by Xenon AIFM S.A., an alternative investment fund manager authorised by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. For thirty years, Xenon has worked alongside family-owned businesses to manage transformation projects aimed at driving growth, mainly through buy-and-build strategies.

The Sostelia Group was created through an aggregation strategy promoted by the Xenon FIDEC fund, launched in 2023, bringing together companies that provide design, construction and maintenance solutions for water treatment plants. The minority stake is held by the entrepreneurs representing the various companies acquired during the build-up process. Today, the Group represents an important Italian private player in the sector, capable of offering biological and physico-chemical treatment plants, zero-discharge systems, and technologies for the treatment of primary and process water as well as liquid waste.

Online from 16 March 2026 at 12:49

Search Results

Press releases
16/03/2026
M&A
Hera Spa

Hera Group finalises the acquisition of the Sostelia Group and becomes Italy’s leading player in water treatment

The integration further strengthens the multi-utility’s position in both municipal and industrial water treatment, while activating strong commercial synergies with its subsidiary Herambiente. The transaction, with a total value of €138 million, is expected to contribute more than €20 million to the growth of the Hera Group’s EBITDA.
Online since 16/03/2026 at 12:49
Press releases
09/03/2026
M&A
Hera Spa

Hera Group acquires control of SEA

Through Herambiente Servizi Industriali, national leader in industrial waste treatment, the multi-utility increases its stake in the Ancona-based operator to 83%. A significant opportunity for the local area, with employment expected to double
Online since 09/03/2026 at 11:44
Press releases
04/03/2026
Shareholders’ meeting
Hera Spa

Hera S.p.A. Shareholders’ Syndicate Committee: Cristian Fabbri and Orazio Iacono confirmed in top roles

sede Hera 110x150.jpg centrata Hera S.p.A.’s public shareholders syndicate committee, chaired by the Mayor of Modena, Massimo Mezzetti, met today in Bologna. The Committee approved the list of candidates for the positions of members of the Board of Directors and the Board of Statutory Auditors to be proposed for appointment at the Shareholders’ Meeting scheduled for 29 April 2026. In accordance with regulations, the lists will be made public by 8 April. The Committee also confirmed Cristian Fabbri as Executive Chairman and Orazio Iacono as Chief Executive Officer for the 2026–2029 term. The list of candidates will now be submitted to the Shareholders’ Meeting, which will be called to vote on the renewal of the company’s governing bodies for the upcoming mandate. 2026-03-04 16:50:00 sede Hera 110x150.jpg
Online since 04/03/2026 at 16:50
Press releases
03/03/2026
Shareholders’ meeting
Hera Spa

Publication of documents pertaining to the Shareholders Meeting to be held on 29 April 2026

sede Hera 110x150 (1).jpg centrata Kindly note that the following documentation, pertaining to the Shareholders Meeting convened for 29 April 2026, is available to the public at the Company headquarters, on the authorised storage website 1INFO (www.1Info.it) and on Hera Group’s website (https://eng.gruppohera.it/group_eng/corporate-governance/shareholders-meetings): Hera S.p.A. Board of Directors’ Explanatory Report regarding item 5 on the agenda Hera S.p.A. Board of Directors’ Explanatory Report regarding item 6, 7, 8 and 9 on the agenda 2026-03-03 09:45:00 sede Hera 110x150 (1).jpg
Online since 03/03/2026 at 09:45
Press releases
18/02/2026
Hera Spa
Other press releases

Hera Group: best Multi & Water Utility according to S&P

For the sixth consecutive year, Hera has been included in the S&P Global Sustainability Yearbook, ranking in the “Top 1%” of the world’s best-performing companies in its sector, with outstanding results particularly in governance and social performance
Online since 18/02/2026 at 10:18
Press releases
27/01/2026
Shareholders’ meeting
Price sensitive
Hera Spa

Guidance from the Board of Directors of Hera S.p.A. to shareholders on the composition of the Board of Directors

sede Hera 110x150.jpg centrata Please note that the document entitled “Guidance from the Board of Directors of Hera S.p.A. to shareholders on the composition of the Board of Directors” was published today and is available on the Company’s website at the page: https://eng.gruppohera.it/group_eng/corporate-governance/shareholders-meetings and on the authorised storage platform 1INFO (www.1Info.it) Download the press release 20260127 PR Guidance from the BoD of Hera S.p.A. to shareholders on the composition of the BoD.pdf 2026-01-27 09:31:00 sede Hera 110x150.jpg
Online since 27/01/2026 at 09:31
26/01/2026
Shareholders’ meeting
Price sensitive
Hera Spa
Other press releases

CALENDAR OF CORPORATE EVENTS (*)

centrata In accordance with art. 2.6.2 (Required Reporting) of the “Rules of the markets organised and managed by Borsa Italiana S.p.A.", please find below our annual calendar of corporate events: 25 March 2026 – Meeting of the Board of Directors to approve the previous year’s preliminary financial statements. 29 April 2026 – Shareholders’ Meeting to approve the previous year’s financial statements. 13 May 2026 – Meeting of the Board of Directors to approve additional financial information for the period ending on 31 March 2026. 29 July 2026 – Meeting of the Board of Directors to approve the half-year financial report as at 30 June 2026. 11 November 2026 – Meeting of the Board of Directors to approve additional financial information for the period ending on 30 September 2026. The Board of Directors, as communicated for the previous financial year and in line with the past, in order to guarantee regularity in the information provided to the financial market and investors, has decided to continue preparing and publishing this information quarterly, on a voluntary basis and in line with current regulations. (*) barring changes See the press release 20260126 HERA CALENDAR OF CORPORATE EVENTS 2026.pdf 2026-01-26 13:10:00 sede Hera 110x150.jpg
Online since 26/01/2026 at 13:10
Press releases
21/01/2026
Price sensitive
Financial Results
Hera Spa
Price sensitive release

The Hera Group presents its Business Plan to 2029

Development, resource regeneration, carbon neutrality, resilience, and the creation of shared value for all stakeholders are reconfirmed as the strategic axes underpinning the new Plan, which allocates more than 5.5 billion euros in investments over the five-year period, leveraging innovation and digitalisation. The positive preliminary results for 2025 and the new targets of the Plan allow for an upward revision of the dividend policy
Online since 21/01/2026 at 13:14
Press releases
19/01/2026
Price sensitive
M&A
Hera Spa

Hera Group acquires Sostelia and becomes Italy’s leading player in water treatment

With this integration, the multiutility further strengthens its positioning also in the industrial and civil water treatment sector, activating strong commercial synergies with its subsidiary Herambiente and focusing on research and development, innovation, and technical know-how as distinctive levers for medium- to long-term growth. The transaction, with a total value of €138 million, is expected, once fully operational, to contribute over €20 million to the consolidated EBITDA growth of the Hera Group.
Online since 19/01/2026 at 14:23
Press releases
15/01/2026
Hera Spa

Hera remains a Top Employer: people, skills and innovation to drive the Group’s strategy

For the seventeenth consecutive year, the company is confirmed among the leading organisations for human resources management, in particular thanks to its distinctive welfare, training and skill development programmes. img_110x150_topemployer2026 (5).jpg centrata The Hera Group has once again been ranked among the best Italian companies for people management and development policies, obtaining the Top Employer certification for the seventeenth year running. This is one of the most prestigious international awards for companies meeting high standards in human resources management. It is awarded by the Netherlands-based Top Employers Institute, a global authority on HR excellence, following a meticulous and increasingly demanding annual audit of specific criteria, including remuneration, working conditions, career opportunities, corporate culture, and the training and development of people. The award recognises the Hera Group’s strategic commitment to continuous learning and organisational wellbeing, in a landscape where career longevity, talent attraction and generational inclusion are increasingly critical. With over 10,500 employees, 96% of whom are employed on permanent contracts, Hera distinguishes itself through an HR model founded on flexible welfare, 360-degree wellbeing, professional growth, the enhancement of uniqueness and a strong cultural identity. Furthermore, the Group’s multi-business nature represents a significant benchmark on the national stage, offering diverse career paths and the opportunity to develop new skills within the same organisation. Among the various national and international awards obtained, the following are worthy of notice: the Diversity & Inclusion Index, compiled by FTSE Russell (a London Stock Exchange Group company), which ranks Hera as the only Italian company in the global Top 10; the Dow Jones Sustainability Index, the prestigious international stock market index that includes listed companies with the best performance across Environmental, Social, and Governance & Economics (ESG) dimensions. Hera has been a member for five years and is included in both the World and European indexes. In addition, the multi-utility has obtained the UNI/PdR 125:2022 gender equality certification, a major recognition involving eleven Group companies, which confirms the commitment to creating an inclusive corporate culture focused on its people. For the Hera Group, continuous training is a cornerstone of its ‘people strategy’: thanks to an annual investment of approximately €15 million, over 97% of employees participate in at least one training initiative, averaging 30 hours per capita. A central role is played by HerAcademy, the Group’s corporate university, which aims to support the energy, environmental, digital and technological transitions through innovative programmes and ongoing dialogue with academia. Longevity is another theme on which the multi-utility is working specifically. With an average employee age of 46.5 years, Hera has moved from having two to four generations coexisting in the workplace. This entails greater complexity but also greater opportunities. The challenge lies in creating an attractive work environment for all generations, stimulating intergenerational dialogue and allowing people of all ages to express their potential, thereby contributing optimally to the achievement of corporate goals. On the welfare front, Hera allocates €23 million annually to its Hextra system, which involves 99% of the workforce. The scheme offers, among other opportunities, initiatives for parenting support, health and pension services, and programmes dedicated to psychological and financial wellbeing. Among the main levers for organisational development, Hera has recently introduced a new leadership model oriented towards purpose and widespread accountability. Employee satisfaction, measured in a recent dedicated survey, and a turnover rate among the lowest in the sector, confirm the solidity of the path the company has taken. In the last three years, the Hera Group has hired over 3,900 people, including insourcing, coupled with growing investments in training, process digitisation and the development of skills geared towards sustainability and circularity. Recruitment is expected to remain at these levels for the coming years. «Our corporate purpose is rooted in a broader conviction: that the appreciation and satisfaction of the people who work in our Group are essential to ensuring the growth and solidity of the company and, at the same time, to providing increasingly better services, with positive environmental and economic impacts for the areas we serve», said Cristian Fabbri, Executive Chairman of the Hera Group. «The pillars of the Good Work Deal are fully aligned with our purpose: health and safety; integrated supply chains and tenders; equity and inclusion; wellbeing, professional development and productivity; sustainability and shared value. Within these areas, we make concrete commitments, keeping the people of the Hera Group firmly at the centre. Our model aims to be a bridge to the future, responding effectively to the ongoing evolutions in the labour market through a just transition, where all stakeholders participate in creating sustainable development and benefit from this growth». In 2026, the Top Employers Institute certified nearly 2,500 organisations, including the Hera Group, across 131 countries/regions. These certified companies have a positive impact on the lives of over 14 million employees worldwide. Adrian Seligman, CEO of the Top Employers Institute, commented: «The achievement of the Top Employer certification for 2026 reflects the Hera Group's commitment to creating an outstanding work environment that enables lasting business performance. Its strong alignment between personnel strategy and organisational goals, combined with a commitment to continuous improvement, demonstrates the impact of its transformative practices. We are proud to reward the Hera Group for its significant contribution to a better world of work in Italy». 2026-01-15 img_110x150_topemployer2026 (4).jpg
Online since 15/01/2026
Press releases
14/01/2026
Price sensitive
M&A
Hera Spa

Hera Group on negotiations to acquire Sostelia

sede Hera 110x150.jpg centrata With reference to certain rumors published today in Il Sole 24 Ore, the Hera Group specifies that negotiations are ongoing for the acquisition of a significant company perimeter of Sostelia Group, the main private Italian player in industrial and civil water technologies and treatment, controlled by Xenon Fidec. Hera will promptly inform the market, in accordance with the law and regulations, regarding any possible signing of a binding agreement. 2026-01-14 07:36:00 sede Hera 110x150.jpg
Online since 14/01/2026 at 07:36
Press releases
15/12/2025
Price sensitive
Hera Spa
Other press releases

Hera Group wins the EIPM – Peter Kraljic Award 2025, the international award for excellence in procurement

The multi-utility is among the six organizations worldwide selected in the 16th edition of the award established by the European Institute of Purchasing Management, recognized as a benchmark in the “Virtuous Ecosystem Leader” category.
Online since 15/12/2025 at 17:11
Press releases
09/12/2025
Price sensitive
Hera Spa
Other press releases

Hera Group and Caviro together until 2035 with Enomondo, a joint venture that sets an example in agri-food waste recovery

A new ten-year agreement has been signed between subsidiaries Herambiente and Caviro Extra for joint management of composting, cogeneration and photovoltaic plants: every year, over 230,000 tonnes of biomass are transformed into energy and natural fertilisers. Further investments have been planned to reduce emissions and increase the value of the products. This shared Emilia-Romagna industrial model is thus confirmed as an exemplary case of symbiosis between the waste management and wine-growing sectors.
Online since 09/12/2025 at 12:39
Press releases
03/12/2025
Shareholders’ meeting
Price sensitive
Hera Spa

COMMUNICATION OF THE OVERALL AMOUNT OF VOTING RIGHTS

(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)
Online since 03/12/2025 at 12:46
Press releases
19/11/2025
Price sensitive
Hera Spa
Other press releases

Hera Group boosts innovation in its own assets through Corporate Venture Building

The Group has launched a new programme intended to scale up development in its own innovations and bring them to the market, one of the first of its kind in the Italian energy sector. NexSuite, an asset portfolio for gas distribution network security, is now presented in Bilbao at the Enlit international trade fair
Online since 19/11/2025 at 11:20
Press releases
12/11/2025
Price sensitive
Financial Results
Hera Spa
Price sensitive release

Hera Group: BoD approves results for 3Q 2025

The first nine months of the year closed with strong growth in revenue and investments, and with all key operating and financial indicators positive, in line with the first two quarters and the targets set out in the Business Plan. The 4.2% increase in net profit attributable to shareholders confirms not only the Group’s solidity and the effectiveness of its multi-business industrial strategy, but above all its ability to combine internal business growth with a positive return on invested capital.
Online since 12/11/2025 at 12:28
Press releases
13/10/2025
Hera Spa
Other press releases

Hera Group in the global Top 10 of the Diversity & Inclusion Index - No. 1 among Italian companies

For the tenth consecutive year, the multi-utility is ranked among the 100 most inclusive companies worldwide and reaches 10th place overall—first among Italian companies—in FTSE Russell’s (formerly Refinitiv) international index, which assesses more than 16,500 listed companies.
Online since 13/10/2025 at 12:09
Press releases
08/10/2025
M&A
Hera Spa

Sale of the 3% participation held in Hera Comm s.p.a. by Ascopiave

Ascopiave S.p.A. sold to Hera S.p.A. its 3% participation held in Hera Comm S.p.A
Online since 08/10/2025 at 16:33
Press releases
03/09/2025
Shareholders’ meeting
Hera Spa

COMMUNICATION OF THE OVERALL AMOUNT OF VOTING RIGHTS

(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)
Online since 03/09/2025 at 09:51
Press releases
30/07/2025
Price sensitive
Financial Results
Hera Spa
Other press releases

Hera Group approves results for 1H 2025

The consolidated half-year report at 30 June shows increased net profit and capital expenditures, in line with corporate strategies and the targets contained in the Business plan. In a phase of market normalisation, the Group’s operating and financial solidity is confirmed.
Online since 30/07/2025 at 14:12

Pre-Footer Standard

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

HeraSmartsearchAgent