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Acea, first quarter net profit +20,9%

Fifth consecutive quarter of growth – Net financial debt is 2,3 billion, while investments in the quarter amounted to 66,4 million.

Revenues down 5,2% to 780 million euro, ebitda up 5,7% to 166 million, ebit up 11,9% to 99,9 million, net profit up by 44,5 million by 20,9%. These are some of Acea's first quarter data, approved today by the Board of Directors. 

Net financial debt stands at 2,3 billion, while investments in the quarter amounted to 66,4 million.

“Thanks to efficient management and a clear development perspective – said the chairman Giancarlo Cremonesi – the group continues to grow for the fifth consecutive quarter”. 

According to CEO Paolo Gallo, "thanks to the work of recent months, Acea is an increasingly productive and efficient reality that produces according to efficiency and market logics".

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