In the first nine months of 2011 Terna recorded revenues of 1.214,6 million, marking an increase of 3,8% compared to the same period of 2010. Ebitda also grew to 939,3 million (+5,6%) and Ebit at 650,3 million (+3,2%).
The dividend for 2011 provides for an 8 cent down payment, in line with last year. Adjusted group net profit rose by 6,3% to €396 million, while net profit from continuing operations stood at €220,2 million (-41%) due to the effects, a note explains, deriving from the Robix Tax. Net income, thanks to the result from discontinued operations, amounted to 315,1 million (-15,4%).
Terna's board of directors also approved today the launch of the group's organizational restructuring project, aimed at implementing the provisions of the company's industrial plan. The project envisages the lease to Telat, wholly owned by Terna, of a business unit consisting mainly of assets and employees currently employed by Terna in maintenance activities on the National Transmission Grid (NTG), as well as in other support. The project also envisages the establishment of a special company for the management of non-traditional activities also abroad (Balkans/Mediterranean) to respond to market and efficiency demands.
