Press Releases

• EBITDA €248 million (+8% compared to 1Q 2018)
• EBIT €133 million (+4% compared to 1Q 2018)
• Group net profit €76 million (-2% compared to 1Q 2018, which benefited from a gain of €9 million connected with acquisition of the TWS Group)
• Investments €151 million (+14% compared to 1Q 2018)
• Net Debt €2,676 million (proforma excluding IFRS16 €2,621 million compared to €2,568 million as at 31 December 2018)

Guidance for the year confirmed as previously announced to the market in March 2019

• growth in EBITDA between 5% and 6% compared to 2018;
• increase in investments of over 10% compared to 2018;
• net debt at year end between 2.85 billion and 2.95 billion Euro.

Rome, 15 May 2019 – The Board of Directors of Acea, chaired by Michaela Castelli, has approved the Interim Report on Operations at 31 March 2019.

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