Picture of Italgas SpA logo

IG Italgas SpA News Story

0.000.00%
it flag iconLast trade - 00:00
UtilitiesConservativeLarge CapNeutral

Brief: Italgas In Industrial Plan Sees 2031 EBITDA At EUR 3.0 Bln

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)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

Recent news on Italgas SpA

See all news