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A2A: record profit and increasing dividend

Ebitda grew on an annual basis by 3% to 1,2 billion. Net income rose by 17% to 344 million, the best result since the formation of the group

A2A: record profit and increasing dividend

Those of A2A for 2018 are record-breaking. Among the consolidated results approved by the Board of Directors, Ebitda grew on an annual basis by 3% to 1,2 billion. Net income reported an increase of 17% to 344 million, the best result since the formation of the group. Net financial debt stops at 3 billion, an improvement of 02 million compared to the figure at the end of 204. The net financial debt/Ebitda ratio drops to 2017x. Investments amount to 2,45 million, an increase of 500 percent. Shareholders will be offered a dividend of €11 per share, up 0,07% on the previous year (€21 per share).

The best operating results were recorded in the generation branch thanks to higher sales of electricity and gas (revenues of 3,8 billion and EBITDA up 3,9%), market (revenues up
by 23,2% as a result of higher quantities sold, in particular to large electricity customers), environment (GOP ordinary growth of 7%). The Networks and Heat business unit reports an increase in revenues to 1,1 billion thanks to higher heat sales and tariff contributions paid to distributors for cancellation
of energy saving obligations (TEE), as well as the contribution of the ACSM-AGAM group equal to 61
million euros.

The A2a share is in sharp decline on the Stock Exchange and loses 2,6% to 1,6 euros when the Ftse Mib is up by 0,95%.

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