Italy A2A's nine-month profit falls 4% due on lower hydroelectric output

A2A

12/11/2025 06:29

Fixes grammar in headline

Nov 12 (Reuters) - Italian power company A2A A2.MI posted on Wednesday a 4% year-on-year decline in its nine-month core profit to 1.73 billion euros ($2.02 billion), due to lower hydroelectric production.

However, the Milan-based company's revenue rose 12% to 10.17 billion euros, supported by wholesale energy commodity prices.

Italy's biggest regional utility confirmed it is targeting its core profit in 2025 at the upper end of 2.17-2.20 billion euro range.

($1 = 0.8575 euros)

(Reporting by Romolo Tosiani in Gdansk; Editing by Anna Pruchnicka)

((Romolo.Tosiani@tr.com;))