Acea runs to Piazza Affari and around 11,30 it gains 10,76%, with a price of 10,6: thus reaching the highest levels of the last five years.
The share is boosted by the 2013 accounts, released yesterday after the markets were closed, which show an Ebitda up by 10,2% to 766 million and a net profit of 142 million (+83%) with a simultaneous cut in debt to 2,46 billion. All against a 2013 dividend of €0,42 per share (63% payout), of which €0,25 already distributed as an interim dividend (the 2012 coupon was €0,30).
At the same time as the accounts, the management also announced the new industrial plan which envisages investments of 2,4 billion by 2018, the year in which Ebitda is expected to be slightly below 1 billion.
