Brief: Iren Sees Ebitda Of About EUR 1.8 Bln In 2030

Iren S.p.A.

25/06/2024 12:41

June 25 (Reuters) - Iren SpA  IREE.MI :
    * SEES EBITDA OF ABOUT EUR 1.8 BILLION IN 2030 (+600 EUR
MILLION
VERSUS 2023)
    * SEES GROSS INVESTMENTS OF EUR 8.2 BILLION AS PART OF
2024-2030
PLAN
    * SEES NET FINANCIAL POSITION/EBITDA RATIO IMPROVING TO 2.7X
IN
2030
    * SEES GROUP NET PROFIT OF IN EXCESS OF 400 MILLION EUROS AT
2030,
WITH CAGR OF +7%
    * SEES DIVIDEND UNTIL 2027 EQUAL TO MAXIMUM VALUE BETWEEN
ANNUAL
INCREASE OF 8% AND 60%  PAY-OUT OF GROUP’S ORDINARY NET PROFIT,
THEREAFTER EQUAL TO 60% PAY-OUT
    * OVER 70% OF TOTAL INVESTMENTS ARE ELIGIBLE FOR EUROPEAN
TAXONOMY
ON SUSTAINABLE INVESTMENTS
    * PLANNED ABOUT 2,400 NEW HIRES

Further company coverage:  IREE.MI 

 (Gdansk Newsroom)
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