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Financial Results Y2020

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Insights for Investors

Financial Results Y2020

Asset Publisher

24/03/2021

Executive chairman's message

A more generous dividend based on a 2020 cash flow beyond expectations

Despite the pandemic scenario, 2020 proved to be a year of reassuring results in many regards. Behind the performance of financials, which exceeded forecasts, we boast a solid business model, a proven successful growth strategy, as well as a thorough execution of stakeholder-supporting policies that can be shaped by the needs of the moment.

24/03/2021

A look at numbers

Focus on FY2020 results

In 2020, Hera leveraged the benefits resulting both from the recent acquisitions and from the synergies already extracted in the first year of their management, to continue the growth path indicated in the Business Plan. Thus, the Group achieved a 3.5% increase at EBITDA level, despite the challenging environment due to the economic effects of the restrictions to fight the spread of Covid-19 and the extremely mild weather conditions.

24/03/2021

Hera title

More attractive and visible returns for Hera’s shareholders

The solid results of fiscal year 2020 represent a milestone in Hera’s growth path considering the scenario in which they were achieved. Therefore, they provide an anchor of certainty in a context of stock markets suffering from a severe lack of visibility, especially on the timing of exit from anti-pandemic restrictions.

24/03/2021

Stories

How Hera became “the top multi-utility in the world”

Since 23rd November 2020, Hera is part of the selected group of 323 companies included in the Dow Jones Sustainability Index World, a basket consisting of listed companies that are in the top 10% of the ranking for their sector.