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Hera: profits, revenues and margins are up in the 9 months

The share of profits attributable to shareholders reaches 125 million – Revenues rose to 3.246,4 million (+8,5) and EBITDA to 640,2 million (+2,2%), while the net financial position improved to 2.638,6 million – 9 million investments in 230 months

Hera closed the first 9 months of the year with a group net profit of 134,9 million, up 10,2% on an annual basis. The share of profits attributable to the shareholders of the parent company rose by 12,3%, thus reaching 125 million. This was communicated by the Emilian multi-utility, specifying that revenues rose to 3.246,4 million (+8,5) and EBITDA to 640,2 million (+2,2%), while the net financial position improved to 2.638,6 millions.

The growth in revenues and margins took place, explains the company, thanks to the good results of the Hera perimeter alone, to external growth with the integration of Amga Udine (carried out on 1 July 2014) and to the extraction of synergies from the integration operations while helping to further improve the group's financial strength.

In 9 months, Hera has invested 230 million euro in the group's various fields of activity.

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