Erg closed the fourth quarter of 2012 with a net profit of 10 million euro, against the loss of 17 million recorded in the same period of 2011. The consolidated EBITDA at current values was 128 million, a marked improvement from the 55 million of fourth quarter 2011.
In the entire 2012 financial year, the group recorded a net profit of 12 million and a consolidated EBITDA of 458 million euros. The Board has proposed a dividend of 0,4 euro per share.
“The 2012 results are decidedly satisfactory, with strong growth compared to 2011 and above the guidance provided at the beginning of the year – said CEO Luca Bettonte – For 2013 we expect this trend to consolidate, in particular we expect a EBITDA at group adjusted replacement cost higher than Euro 500 million, also thanks to the contribution that the recently acquired wind farms will bring”.
