InvestorNews

The 3.3% progress achieved in the quarter at EBITDA level is evidence of Hera’s sound and visionary business-model approach, which was also able to leverage internal and external growth drivers, creating value and offsetting both the negative impacts of the macroeconomic scenario and the WACC cut set by the Regulator.

In early 2022, the stock market’s performance has been heavily affected by a combination of negative factors, whose future evolution is difficult to predict. Geopolitical tensions, inflation, and rising interest rates, all weigh on the economic growth outlook. In this context, Hera stock outperformed both the FTSE MIB and the Italian utilities index. The market has recognised that the Company has a business model able to counteract the external negatives, through prudent policies and a business portfolio that is well-diversified and resilient.