Italy's Hera aims for 1.76 billion euros EBITDA by 2029

Hera SpA

21/01/2026 12:39

Jan 21 (Reuters) - Italian regional utility Hera HRA.MI on Wednesday targeted a core profit growth of 1.76 billion euros ($2.06 billion) in its industrial plan to 2029.

Hera's shares fell as much as 3% after the plan issuance.

The Bologna-based utility also reported preliminary 2025 results posting earnings before interest, taxes, depreciation and amortisation (EBITDA) above 1.53 billion euros and net profit exceeding 460 million euros.

Hera forecast a 27% rise in its 2029 dividends to 0.19 euros per share, while for 2025 it expects a shareholder remuneration of 0.16 euros.

($1 = 0.8534 euros)

 (Reporting by Romolo Tosiani in Gdansk
Editing by Tomasz Janowski)

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