That archive 2017 with a Net income of 181 million euros, down by 31% compared to 2016, but up by 2% on a like-for-like basis. The distribution of one will be proposed to the shareholders' meeting dividend of €0,63 per share, payout at 74%.
THEEbitda amounted to 840 million (-6% compared to 2016, +7% on an adjusted basis), while theEBIT amounted to €360 million (-32% year-on-year, -2% adjusted).
- investments, in line with 2016, reached 532 million. Net financial debt rose to 2.421 million (2.325 million adjusted), compared to 2.127 million as at 31 December 2016.
“With this budget – he commented Stefano Donnarumma, CEO of the Acea group - a year characterized by a strong discontinuity with the past which, starting from May, has placed at the center of all our activities both the maintenance and development of infrastructures and the desire to improve quality service to users".
For 2018, on a like-for-like basis of business, Acea expects an increase in Ebitda of between 3% and 5%, based on the 2017 result (840 million); investments up from 532 million, in line with the Business Plan; net financial debt at the end of the year between 2,6 and 2,7 billion.
