The quarterly season in Piazza Affari continues with That, which released the results for the first half of 2021, which closed with growing revenues and profits.
In detail, the turnover in the first six months of the current year it reached 1,825 billion euros, up 13% compared to the same period of 2020 thanks to "the increase in revenues from the sale of energy, due to higher volumes, and the service integrated water system”, underlines the company in a note.
THEebitda went from 568,7 million as at 30 June 2020 to 618,8 million as at 30 June 2021, recording an increase of 8,8% in the wake of the results achieved above all in the water sector (ebitda of 326,2 million, +6,8 .181,7%) and in energy infrastructure (ebitda of 2020 million, in line with the first half of XNUMX).
Marks an increase of 10% to 166 million aebit, while l'Net income rises to 166 million euro, up 15%.
THEnet financial debt grew from 3,52 billion in the first half of 2020 to 3,91 billion as at 30 June 2021, driven up by growth in investments, rose by 17,3% to 481,5 million euros. 80% of this figure, explains the company, is mainly destined for regulated activities. The goal is to "increase the security, resilience and digitization of the networks, consequently improving the quality of the services offered". As regards the breakdown between the various business areas: water 246,9 million, energy infrastructure 139,5 million, generation 21,7 million, Commercial and Trading 36 million, Environment 14,8 million, other business areas and Parent Company 22,6 .XNUMX million.
By virtue of the results achieved in the first six months of the year, Acea has ri revised the guidance upwards 2021 on the ebitda which will rise by more than 8% compared to 2020 (the previous estimate was between +6 and +8%). The 900 million investments confirmed, with net financial debt expected to reach 2021-3,85 billion euros at the end of 3,95.
"In a market scenario that is still uncertain but shows signs of recovery, the Acea group has consolidated very positive results, confirming high levels of profitability, thanks to the contribution of all business areas and careful management of financial flows" - he commented Giuseppe Gola, CEO of Acea. “The results achieved in the first half allow us to look positively and optimistically at the second half of the year and allow us to revise upwards the guidance at EBITDA level.”
After the publication of the six-monthly, in Piazza Affari the Acea title gains 1,43% at 19,88 euros per share.
