Utilities: strong growth in profits for Italgas and A2a, the Lombard multi-utility approves the plan to 2035
Both stocks are rising on Piazza Affari after the publication of the 2023 accounts
Italgas, revenues and profits growing strongly in the first nine months of 2023. Almost 600 million in investments
Despite the unstable socio-economic context, Italgas records positive results for the third quarter - It moves upwards on Piazza Affari, making it the best stock in the Ftse Mib
Italgas takes over water networks from Veolia and Nepta is born. The Group promises efficiency and reduction of losses
The historic gas company acquires the water concessions in the province of Caserta. The value of the operation is 115 million euros
Stock Exchange latest news: Piazza Affari hits 15-year highs, then traces back. Chinese awakening favors emerging funds
While awaiting the quarterly reports from Lvmh, Google and Microsoft, the European stock exchanges are proceeding slowly - Poste Italiane does well in Milan after the quarterly report, Stm leaps - New signs of suffering from Germany
Italgas, 2023-2029 business plan: 7,8 billion investments and ESG objectives
The Italgas Plan has been presented: 4,6 billion will be dedicated to the development and technological upgrading of the Italian grid and 0,9 billion for that in Greece. Another 800 million intended for acceleration in the water and energy efficiency sectors. But the title sinks in…
Italgas: good start to 2023. EBITDA rises, more sustainability and networks ready for hydrogen and biomethane
The Turin-based group closes the first quarter of 2023 with excellent results. Investments in digitization and sustainability
Italgas in exclusive negotiation with the French Veolia for the purchase of water companies in Campania, Lazio and Sicily
The French utility granted Italgas an exclusivity period until 10 May 2023 for the completion of the due diligence activities
Snam ready to sell the stake in Italgas? The rumors are flowing, the sale is envisaged by the 2022-26 Plan
The first rumors about the sale of the stake held in Italgas begin to circulate. Snam denies: "hypotheses without foundation". And both stocks are suffering in Piazza Affari
Italgas: design, smart gas, electricity and water meters entrusted to SIT
The meters will be developed thanks to thermomass technology - A field test phase of at least 12 months is also planned with the installation of 10 meters throughout Italy
Italgas 2022-2028 Strategic Plan: 8,6 billion investments and closing in Greece by the summer
The new Italgas Strategic Plan enhances the distribution of renewable gas to replace the Russian one. The acquisition of Depa will be completed in months, energy efficiency is growing – Dividends confirmed
Snam, board appointments: CDP proposes Venier in place of Alverà. Gallo confirmed at the helm of Italgas
The CDP proposes the current CEO of Hera to replace Marco Alverà - Here are the complete lists with all the names for Snam and Italgas
Public appointments: from Invitalia to Sace, 639 seats to be assigned in 107 companies owned by the MEF
Seventy-two of the appointments to be made concern the 15 companies controlled directly by the MEF - Gender balance among the criteria
Italgas enters the capital of the American startup Picarro: a 15 million dollar operation
Italgas expects to cut emissions by 30% by 2027 "also thanks to the increasingly widespread use of Picarro technology", which produces monitoring sensors
Italgas acquires control of the Greek methane network
Greece is increasingly becoming a land of conquest for publicly controlled Italian groups - After Snam and Ferrovie, now it's Italgas' turn - The deal is worth 733 million euro
Quarterly, Italgas: strong growth in profits, revenues and investments
All parameters up for Italgas in the third quarter of 2021. The company's strength is digital transformation. On the other hand, Iberdrola was bad, recording a 10% drop in net profit
Italgas takes over the Greek methane network: worth 700 million
The company led by Paolo Gallo takes over Depa Infrastructure, which manages the natural gas infrastructure in the Hellenic country
Italgas christens Bludigit, the group's new IT company
The new company can count on assets of 100 million and 100 employees. To Marco Barra Caracciolo. Objective to enhance the proprietary technologies of the Digital Factory and push the digital transformation
Italgas, 2027 Plan: investments of 7,9 billion, 2 in gas tenders
The current dividend policy confirmed for the four-year period 2020-2023 - For 2021 alone, technical investments are expected between 850 and 900 million and revenues exceeding 1,35 billion
Alibaba, after profits, bonds: placed 5 billion
It's a race for bonds: The Chinese giant has placed four series of bonds, one of which is green. Important operations also for Iliad and Italgas.
Hydrogen, Italgas focuses on Sardinia
The gas distribution company and the Sardinian CRS4 research center will create a "power to gas" plant to produce renewable fuels such as green hydrogen and synthetic methane.
Gas: Snam launches Arbolia, Italgas is looking for startups
Italgas has launched a competition to select companies capable of contributing to its digital transformation - Snam and Cdp have instead created a company that aims to plant 3 million trees in Italy by 2030
Italgas dribbles Covid. More investments and dividends to come
The company presented the accounts for the first nine months of 2020 and the new Development Plan to 2026. Profit down but Ebitda up. Organic growth and new tenders: here are all the numbers
Italgas grows in Belluno and in Piedmont, shares on the rise
Within a week Italgas took over 15% of Reti Distribuzione, in Piedmont, and won the tender for the management of the Atem Belluno, but the Antitrust is investigating Venice.
Coronavirus, donations from large groups
From Unicredit to Italgas, via Vodafone and Eni, in these hours new solidarity initiatives are arriving from the Italian business world in support of hospitals engaged in the fight against the coronavirus and in addition to those of Intesa, Tim,…
Italgas closes 2019 with all indicators showing growth
Net profit up 9,4% and technical investments up 41,6% – Dividend up - The company's strong point is digital transformation – Despite the health emergency, the stock maintains a positive strength compared to index
Italgas wins tender for natural gas in Val d'Aosta
The company has surpassed the competition from Megareti and Energie des Alpes: it will manage distribution for the next 12 years, with investments of 100 million.
Italgas: double buyback offer and new bond
The company that distributes gas together with the fixed-rate bond has launched a buyback offer on two bonds maturing in January 2022 and March 2024. The goal is to extend the maturity of the…
Stock Exchange: Hera, Terna and Italgas keep Piazza Affari afloat
The recovery of the utilities saves the Ftse Mib (+0,01%) which remains below 22 thousand basis points - Juventus still in the red due to the capital increase.
Italgas: profit jumps by 10%, investments +40%
All parameters up for Italgas in the first half of 2019 - Chief Executive Officer Gallo: "Accounts in line with plan, we're doing well on the stock market too"
Stock market: spreads at lows, utilities shine
Piazza Affari benefits from the positive climate on public finances and from the decrease in the differential with the Bund, which in turn has collapsed to an all-time low. Btp 2 years below zero - The wait for the rate cut penalizes the banks
Italgas plan: 4,5 billion in investments, strong push towards digital
Investments by 2025 will rise by 500 million, dividend policy confirmed - Continue with acquisitions - Revenues of 2019 billion expected for 1,2
Italgas, net profit exceeds 86 million. Revenues +10%
The accounts for the first three months of 2019 have been presented: investments in maintenance and network extension are increasing. The BoD set up three new committees and appointed 9 members
Italgas rises to 100% of EGN and strengthens itself in the South
The company led by Paolo Gallo has exercised the "call" option to purchase 40% of the energy management company's share capital
Italgas: Dell'Acqua new president, the plan in June
The energy company held its shareholders' meeting today, which approved a dividend of 0,234 euros per share - Last session as chairman for Bini Smaghi - The CEO Gallo anticipates the new plan to 2025: "More investments, digitization and…
Appointments Fincantieri, Snam and Italgas: CDP confirms all CEOs
Bono remains at the helm of Fincantieri, Alverà of Snam and Gallo of Italgas: under the direction of Palermo, the CDP has chosen continuity in the three companies listed on the Stock Exchange, changing only the presidents of the two energy companies - The ambassador…
Italgas: growing accounts in 2018, sharp rise in dividends
Net profit rises by 7,1% to 313,7 million - Strong growth in Ebitda and Ebit - BoD convenes shareholders' meeting for April 4
Italgas acquires 19 concessions in central-southern Sardinia
The agreement, worth approximately 68,6 million, provides for the acquisition of concessions from Conscoop and will bring about 50.000 new customers
Italgas: Ebitda up 9%, 2018 targets confirmed
Revenues and net profit growing in the first 9 months of 2018 for Italgas.
Stock markets in red on tariffs and US data, utilities and fashion bucking the trend
The wait for the American data on the labor market and the concern for the escalation of the trade war are making European stock markets suffer in the middle of the day. In Piazza Affari the banks are weak and spreads below 250. Enel and Italgas do well,…
Gas, the European distributors association is born with Italgas
Paolo Gallo, CEO and general manager of Italgas, was appointed as vice president: "A tool to strengthen the collaboration between industry and institutions, both European and national". It represents a catchment area of 26 million customers and 200 km…
Italgas, net profit reaches 150 million (+8%)
The company has communicated its half-year accounts: revenues are also growing and the stock responds well to Piazza Affari - Italgas confirms that "it will participate in tenders of interest for the assignment of the natural gas distribution service" -…
Piazza Affari takes off with the Btp auction, Poste and Stm assets
The Treasury closed the auction on medium-long term bonds positively but with sharp rises in rates. Spreads down. Milan is the best market in Europe - Among the banks, Banco Bpm and Creval stand out. On the rise…
Italgas, 2024 plan: maxi investments, but the coupon disappoints
The company's new business plan envisages total investments of 5,6 billion by 2024, including new acquisitions and tenders - Title penalized on the Stock Exchange: dividend growth is lower than analysts' expectations - CEO Gallo: "Contatori …
Spreads down and utility to the rescue
The European price lists open the week on a positive note - Madrid is in pole position while Milan is held back by FCA and the banks - Swing on Unicredit in the wake of rumors of an agreement with Socgen - Euro recovering at…
Quarterly on the Stock Exchange: it's the day of Brembo, Recordati and Italgas
Although the accounts for the first three months are positive for all three companies, stocks travel in the red on Piazza Affari, weighed down by the negative performance of the Ftse Mib - Change at the top of Recordati: Marco Vitale, Machaela…
Shareholders' meetings: Banca Ifis, Cementir, Italgas and Luxottica
Shareholders approved accounts and dividends. Luxottica renews the board of directors for one year. A representative of the Funds enters the Cementir board of directors. Banca Ifis dividend of 1 euro
Hera sells Medea to Italgas in Sardinia
Transaction concluded for 21,4 million euro. Italgas' expansion program continues, aiming at the digitization of networks and interconnection in the 2017-2023 business plan
Italgas: profits and dividends rise, stock runs on the stock exchange
The stock lengthens after the publication of the accounts and rises by 3% - Net profit up by 24%, investments up by 38% - Board proposes dividend of 20,8 cents per share (+4%) -
Italgas acquires the Sardinian Ichnusa Gas
With the completion of the transaction, the new concessions acquired in application of the growth strategy announced in the 52-2017 Strategic Plan rise to 2023.
Italgas new shareholder of the Mip Polytechnic of Milan
The direct collaboration with the Polytechnic and with the network of associated companies will allow Italgas to promote and develop initiatives in the areas of management, digital transformation and continuous improvement.
Hera sells 100% of Medea to Italgas
Thanks to the operation, Italgas strengthens its presence in Sardinia and Hera continues the process of rationalizing the group's shareholdings.
Powell lights up Wall Street, Milan toasts with Italgas and Brembo
The good tone of the dollar and the hearing of the president-designate for the Fed give new impetus to European stock markets, all of which are positive. Milan closes at +0,5%. Oil recovering and spreads decreasing. In Piazza Affari, Telecom Italia and the…
Italgas: profits and ebitda soar in the 9 months of 2017
Also revenues (+7,2%) and EBIT (+14,7%) - CEO Gallo: "Positive trend thanks to the restructuring" - Stock among the best in the Ftse Mib
Borsa, like the Pir formula for the brick
Moderately positive price lists in Europe. In Italy, all eyes are on the ECB meeting on Thursday and on the council of ministers on Friday which could decide on the governor of Bank of Italy. Real estate stocks are up, driven by the possible extension of tax breaks. Italgas leads…
Italgas acquires 100% of Enerco
Enerco Distribuzione, a company based in Padua, is active in the natural gas distribution sector in the provinces of Padua and Vicenza - The CEO of Italgas Gallo: "We continue with the acquisitions of small and medium-sized operators".
Weak stock exchanges and banks, waiting for Draghi
In the spotlight the speech that Mario Draghi will give in the Italian afternoon at the meeting of the Monetary Fund, struck by the barbs of Donald Trump for the criticisms advanced on the tax reform - Piazza Affari in red in the middle of the day: however they travel in…
Italgas: “Emergency intervention closed? It is not true"
Italgas specifies that the emergency intervention activities will continue to be supervised every day, guaranteeing interventions within 60 minutes of receiving the report - No impact on employment levels, 2023 billion investments arriving by 5
Italgas launches 2029 million 500 bonds
Initial price indications are for an 85 basis point swap above midswap - The stock will be priced today.
Italgas grows with tenders and M&A
CEO Paolo Gallo confirms his participation in the next races in Belluno, Venice, Carrara and Monza. But the company is also working on acquisitions and is in the tender for Gas Natural.
Italgas: Fitch confirms the rating
The confirmation of the debt, stable outlook, reflects the update of the 2017-23 strategic plan.
Stock exchange, Unipol and Italgas sprint but June disappoints
The European price lists advance timidly but the month ends with the worst monthly drop in a year - On the other hand, the deficit/GDP of the PA drops to the best level since 2000. Severe judgment by Fitch on Italy - Euro/dollar in modest decline.…
Italgas celebrates 180 years with a tour and a competition
The group will start the celebrations as early as June 12 with a tour of the main Italian stations, where it will be possible to participate in the "180 these days" competition.
Borsa, Atlantia and Italgas to the rescue
European price lists all recovering in the middle of the day. Piazza Affari queen of Europe after the upward adjustments to the GDP. Banca Generali up sharply. Enel looks to wind power in Russia. Fincantieri falls after Macron's words on Saint Nazaire. Wait…
Italgas: 5 billion Capex and +4% dividend in the new plan
The group will allocate 2 billion of investments to digitization and new smart meters. Strong push on operational efficiency, debt contained within 65 of the Rab.
Italgas: quarterly profit +16%, plan on May 31st
Revenues rose by 9,8% - Roadshow of the plan since June - CEO Gallo: "The growth of investments allows us to maintain a solid capital structure, guaranteeing the continuous creation of value for shareholders"
Korea holds back the stock exchanges, but FCA goes up with Samsung
European lists slowed down by geopolitical tensions. The German Zew index above expectations is not enough to relaunch and the spread with the Bund widens for France and Italy. Bad morning for banks and insurance companies. Positive Fiat Chrysler on the recovery…
Weak stock market but Stm flies, sparks from RCS and Stefanel
European stock exchanges all around parity - Only Frankfurt is on the rise and the Nasdaq shines in the USA - Five stocks on display at Piazza Affari - Sales on Buzzi, Unipolsai and Bper
Italgas: 2016 dividend at 20 cents
The adjusted net profit of the company amounted to 226 million - Revenues decreased: -1,6% to 1,08 billion euro - The company resolved to propose to the Shareholders' Meeting the distribution of a dividend equal to 0,2 ,XNUMX euros…
Italgas, Telecom and Prysmian: the news on bonds
Yesterday Italgas placed its first bond issue divided into two tranches, for 5 years and 10 years at a fixed rate, each for 750 million euro - The new bond issued by Telecom Italia instead amounts to…
Italgas towards the issue of a benchmark bond
Once the market conditions have been verified, the company will carry out a benchmark bond issue in euro 'senior unsecured' at a fixed rate in one or more tranches
Bag: Milan black mesh, Mps flies. Uncertainty pushes the spread
Wall Street opens cautiously and fails to revive Piazza Affari; the other European markets were moderately positive. In Milan, the escape from the utilities penalizes the price list and the differential between the BTP and the Bund reaches 180 points before closing at…
THE 5 TOP NEWS OF THE DAY (VIDEO)
Impossible not to consider the US elections as the topic of the day, also given the (positive) repercussions on the markets: we vote tomorrow, Tuesday 8 November - But there is also something else, starting with the listing of Italgas on the Stock Exchange, 13 years later The…
Italgas returns to the Stock Exchange after 13 years (VIDEO)
The stock lost 0,7% at the close, while Snam first fell and then rose again - The company is back on the Stock Exchange after 13 years and is aiming for new gas distribution concessions - CEO Gallo: "We will invest 4 billion,…
Clinton's photo-finish acquittal heats up markets
The new twist of the FBI relaunches Hillary's chances of conquering the White House and excites the markets: the stock markets are sniffing bullish air, Asia and the dollar rise, gold falls - Turnaround in China: the Minister of …
Italgas is back on the Stock Exchange: listing starts today
A historic company like Italgas, leader in local gas distribution, returns today to Piazza Affari thirteen years after the last delisting and after the demerger from Snam, which will keep 13,5% of the capital in which it is present with…
Italgas quotation: ok by Borsa Italiana
The countdown towards the entrance to Piazza Affari has started: Borsa Italiana has issued the provision for admission to listing on the electronic stock market starting from Monday 7 November. The deed of demerger from Snam entered in the Companies Register
Mps, after the stock market rally here is the new plan
Monte dei Paschi runs more than 20% and becomes volatile after the approval of the industrial plan which aims for a profit of over one billion after the loss of 4,8 billion this year: 2.600 redundancies and 500 branches to close…
Italgas says goodbye to Snam: 2 billion investments, coupon 20 cents
Snam CEO Marco Alverà and Italgas number one Paolo Gallo presented the objectives of the company in London, which will be listed on the Milan stock exchange from 7 November. Revenues at 1 billion and coupon of 20 cents for…
Snam: Italgas submits a listing application
The operation comes as part of the reorganization for the separation from Snam - The company Itg Holding Spa has taken on the name of Italgas Spa, while the operating company Italgas SpA has taken on the name of Italgas Reti
Snam: Ok to the demerger of Italgas, on the stock exchange at the end of the year
The plan provides for the spin-off of the subsidiary Italgas and its listing on the Stock Exchange "within the year", even if an official date has not yet been provided
Snam limits the impact of the new regulation on accounts
The reduction of the WACC in the transport and distribution of cash causes Snam's revenues and profits to fall, but not more than expected - Buy back up to 3,5% of the capital with an outlay of up to 500 million - By the end of the…
Nuova Italgas on the Stock Exchange in November. Snam invests 4 billion
The pipeline group presented the Italgas demerger operation and the 2016-2020 industrial plan in London. The operation provides for the creation of a Newco which will be listed by the end of the year. Snam's CEO Marco Alverà: "It will be the most important operation…
Snam: Italgas separation ok, it will have 13,5% of the newco which will be listed
A new beneficiary of the demerger will be listed on the Milan Stock Exchange with the role of holding company for the investment in Italgas - Snam will control 13,5%
Snam: today spin-off of Italgas and new business plan
Board meeting of the company that owns the pipeline network in Italy and abroad. In view of the approval of the demerger that has been under study for a few months and the new industrial plan. Both will be presented in London on Wednesday. Contextual meeting of CDP…
Snam: record profits since 2009 and prepares the demerger from Italgas
The group closed 2015 with 1,2 billion of adjusted net profit (+12,2%) and debts below 13,8 billion. Coupon of 25 cents. Malacarne: "Solid strategy, operating cash flow made it possible to finance growth and dividends". The CEO, after 3 mandates,…