The Board of Directors of the Hera Group today approved the consolidated economic results as at 30 June 2013 and resolved to increase the share capital for a maximum amount of 80 million (functional for the entry of the Italian Strategic Fund into Hera's capital).
In the first half of the year Hera achieved growing values in all activities, also thanks to the effect of the consolidation of AcegasAps. Net income grows by 22,2% (98 million), revenues up 5,7% (2.429 million), the gross operating margin increased by 24,5% to 445,3 million and the net financial position stood at around 2.745 million.
For the increase of the share capital, it's about a maximum nominal amount of 80 million euros through the issue of a maximum number of 80.000.000 ordinary shares, with a nominal value of 1,00 euros each, to be offered as an option to those entitled.