Oct 30 (Reuters) - Italgas SpA IG.MI:
SEES IN 2025-2031 PLAN OVERALL INVESTMENTS FOR EUR 16.5 BILLION
SEES EBITDA EUR 3.0 BILLION IN 2031
EXTENDS DIVIDEND POLICY TO 2028, CONFIRMED HIGHER OF PAYOUT OF 65% AND ANNUAL GROWTH IN DPS OF 5%, WITH A NEW FLOOR EQUAL TO DPS 2024
IMPROVED 2025 GUIDANCE
SEES 10% CAGR EPS ADJUSTED GROWTH IN 2024-2031
SEES 250 MILLION EUROS OF TOTAL EFFICIENCIES, TO WHICH ADDITIONAL 100 MILLION EUROS REVENUES GENERATED BY INCREMENTAL DIGITIZATION INVESTMENTS
EXCLUDING TENDERS, CONSOLIDATED RAB IS ESTIMATED AT AROUND EUR 18.9 BILLION AT THE END OF 2031
SEES IN 2031 REVENUES AROUND EUR 3.8 BILLION
SEES IN 2025 NET DEBT AROUND EUR 10.8 BILLION
SEES IN 2025 EBIT ADJUSTED AROUND EUR 1.19 BILLION, TECHNICAL CAPEX AROUND EUR 1.2 BILLION
SEES IN 2025 ADJUSTED. REVENUE AT AROUND €2.5 BILLION, ADJUSTED. EBITDA AT AROUND €1.87 BILLION
SEES IN 2031 EBIT AROUND EUR 2.0 BILLION
Further company coverage: IG.MI
(Reporting by Gdansk Newsroom)
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