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Hera: revenues grow by 13,6%, profit and EBITDA also rise

Financial parameters on the rise for Hera in the first quarter thanks to "all business areas and the increase in energy customers" – Tommasi di Vignano: "The growth programs will already be implemented in the second half"

Hera: revenues grow by 13,6%, profit and EBITDA also rise

Hera closed the first half of 2019 with a turnover equal to 3,37 billion euro, up 13,6%. also grows theUseful, which reached 172,9 million euros (+7,1%), while the gross operating margin it reached 545,9 million (+4,3%).

La net financial position stands at 2,68 billion, while the operational investments, gross of capital grants, amounted to 214,6 million euros, up by 30,8 million (+16,8%) compared to 183,8 million in June 2018.

Hera underlines how "all business areas have contributed to these results, above all organic growth, mostly in deregulated activities, and a further increase in energy customers, which exceed 2,6 million".

“The further expansion of the waste treatment plant equipment and the joint venture with Ascopiave in the energy sector in the formalization phase, will allow us on the one hand to implement the growth programs already in the second half of 2019 and on the other to expand an area like the Triveneto, strategic for further development of the Group's activities, already ensuring today, after just 18 months, 60% of the growth in gross operating profit forecast for 2022 in the Business Plan", underlined the executive chairman Tomaso Tommasi of Vignano.

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