Italian power company A2A posts 18% jump in annual core profit

A2A

20/02/2025 11:16

Feb 20 (Reuters) - Italy's A2A  A2.MI  posted an 18%
jump in full-year core profit (EBITDA) to 2.33 billion euros
($2.43 billion) on Thursday thanks to lower energy price
volatility compared to last year, slightly beating the upper-end
of guidance.
    The country's biggest regional utility's net financial debt
stood at 5.84 billion euros at end-December, up from 4.68
billion euros a year earlier.
     "From a financial point of view, we have kept debt under
control," CEO Renato Mazzoncini said in a statement, pointing to
 a net debt to EBITDA ratio of 2.5x
    
($1 = 0.9578 euros)

 (Reporting by Romolo Tosiani in Gdansk; Editing by Kirsten
Donovan)
 ((Romolo.Tosiani@tr.com;))