Italian utility Iren nudges down 2030 forecasts

Iren S.p.A.

25/06/2024 12:48

June 25 (Reuters) - Italy's Iren  IREE.MI  expects core
earnings of 1.8 billion euros ($1.93 billion) in 2030, the
regional energy, gas and water utility said on Tuesday, 3.7%
lower than previously forecast.
    Iren lowered its group net profit estimates to more than 400
million euros at the end of its business plan to 2030, the
utility's statement said, compared with to 460 million euros in
the plan it disclosed last year.


($1 = 0.9337 euros)

 (Reporting by Alessandro Parodi
Editing by David Goodman
)
 ((Alessandro.Parodi@thomsonreuters.com;))