Press release

THE STRATEGIC VISION – FOCUSED ON INVESTMENTS IN REGULATED BUSINESSES, OPERATIONAL EFFICIENCY AND HIGH QUALITY OF SERVICES– HAS ENABLED THE ACHIEVEMENT OF RELEVANT ECONOMIC RESULTS IN 2023, MAINTAINING AN ADEQUATE FINANCIAL EQUILIBRIUM.

THESE RESULTS REPRESENT THE BASIS FOR ACHIEVING INCREASINGLY CHALLENGING OBJECTIVES.

FINANCIAL HIGHLIGHTS

• Investments: €1,143m, primarily in Water Italy, Grids & Smart Cities and Environment segments (representing ~88% of total)
• EBITDA: €1,391m (recurring EBITDA 1,347m, +7% versus 2022), 87% from regulated sectors[1]
• Net profit of €294m (recurring net profit €280m, +22% versus 2022)
• NFP/EBITDA: 3.49x, showing a notable improvement compared with guidance (<3.8x)
• Proposed dividend: €0.88 per share (~+4% versus 2022)

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Acea’s Board of Directors meeting, chaired by Barbara Marinali, has approved yesterday the consolidated Financial Statements for the year ended 31 December 2023 and the Sustainability Report – Consolidated Non-financial Statement for 2023.

To read more download the attached pdf.