Brief: ERG Sees 2026 EBITDA Between EUR 600-650 Mln

ERG

15/05/2024 17:17

May 15 (Reuters) - ERG SpA  ERG.MI :
    * AIMS TO ACHIEVE INSTALLED CAPACITY OF 4.5 GW BY 2026 WITH
PROJECTION OF 5 GW BY 2028
    * AS PART OF PLAN TO 2026, MINIMUM GUARANTEED CASH DIVIDEND
OF EUR
1 PER SHARE, UP TO EUR 1.3, TO BE DEFINED YEAR BY YEAR ON BASIS
OF GROUP'S ECONOMIC, FINANCIAL PERFORMANCE, FUTURE INVESTMENT
PROSPECTS
    * AS PART OF PLAN TO 2026, UPSIDE MAY ALSO BE DISTRIBUTED
THROUGH
BUYBACK ON TREASURY SHARES
    * SEES 2026 EBITDA BETWEEN EUR 600-650 MILLION
    * AS PART OF PLAN TO 2026, SEES TOTAL INVESTMENTS OF ABOUT
EUR 1.2
BILLION IN ITALY, EUROPE, UNITED STATES (WITH ABOUT EUR 2
BILLION FORECAST TO 2028)

Further company coverage:  ERG.MI 

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