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Acea: 2012 profit drops, -10%

2012 of the multi-utility controlled by the Municipality of Rome ends with a clear contraction in profits, which drop by 10% to 77,4 million – Revenues increase, +2,1% to 3,6 billion – The Board proposes a dividend from €0,30 per share.

Acea: 2012 profit drops, -10%

Acea's 2012 is archived, which closes with a profit down 10% to 77,4 million, also due to the 8,3 million fine from the Antitrust while it saw a growth in Ebitda to 695 million. This was communicated by the company itself in a press release. The BoD has proposed a dividend of 0,30 euros including the down payment of 0,21 already paid.

The revenues of the multi-utility controlled by the Municipality of Rome rose by 2,1% to 3,6 billion. In 2012, Acea made investments of 513 million euro against 413 in 2011. Net debt stood at 2,495 billion, up on the 2,35 of the previous year.

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