Terna closes the first nine months of 2019 with growing profits and revenues. In a note, the company that manages the electricity grid specifies that between January and September that i profits rose by 2% year-on-year (to 552,5 million euros), while the turnover increased by 3,8% (to 1,67 billion).
It also improves profitability, with the EBITDA which reaches 1,28 billion (+3,9% year on year).
- investments increased by almost a fifth (+19,3%), reaching 670 million euro.
As it regards instead net financial debt, increased from €7,89 billion as at 31 December 2018 to €8,25 billion as at 30 September 2019.
Coming soon for members a interim dividend 2019 equal to 8,42 euro cents per share.
“The acceleration of investments in the national transmission grid is the basis of the robust growth recorded in the period – he comments Luigi Ferraris, managing director and general manager of Terna – The solid results achieved in the period, together with the incisive managerial actions taken, allow us to continue for the entire year on the virtuous path of growth in the group's results”.
