Italian utility A2A dips 6% after 2035 plan

A2A

12/11/2025 09:21

** Shares in Italian power company A2A A2.MI fall around 6% after it posted its nine-month results and issued a strategy plan to 2035

** A Milan-based analyst says results are in line with expectations, while some operators were hoping for a bit higher targets in the plan

** "The Q3 results were better than expected (adj. EBITDA 5% better than expected). The company's 2026 targets are slightly lower than our present estimates," brokerage Banca Akros says

** Plan indications in line for 2028 and slightly better for 2030, according to Equita brokerage

** Equita flags that overall, the plan is better than their medium term expectations

** Including Wednesday's fall the regional utility has gained 19.11% YTD

** In the last 30 days ahead of the plan presentation the stock gained around 14%

 (Reporting by Romolo Tosiani, Giancarlo Navach)

 ((Romolo.Tosiani@tr.com))