A2A S.p.A.
Investor Relations
Corso di Porta Vittoria, 4 – 20122 Milano
Phone [+39] 02 77203974
ir@a2a.eu
Contact us for any requests
The main goal of the IR Department is to promote and support the correct knowledge and valuation of the A2A stock by the financial community, through a communication which is active, transparent, well-timed, constant, correct and not discriminatory. In order to achieve this goal, the IR Department assists A2A top management in the constant monitoring of the expectations of the financial markets on the Group performance.
The department holds regular meetings (one-to-one and group meetings) with the financial community in Italy and abroad, in person, in digital or hybrid mode. Furthermore, the IR department regularly schedules conference calls with the top management at the time of the release of the Group results and international roadshows to present major strategic developments.
Prior to the publication of financial results, as a rule for a period of two weeks (black-out period), top management is not available for meetings relating to the financial performance being reported.
Retail investors are advised to contact the IR department through e-mail, filling in the form available on A2A website or via letter. The answers can only deal with issues related to the IR activity and, concerning A2A share, the IR department can only refer to public information available on the company website, in particular to the documents released on the website in compliance with legal provisions. The IR department is not in charge neither of comments about the A2A performance in the Stock Exchange, nor of financial advice about the investment in A2A.
Contents of the IR section on company website are constantly monitored, developed and updated in order to fully satisfy the investor queries. In order to meet the most frequent requests of Retail Investors, a special subsection of questions and answers has been created.
Moreover, in line with A2A commitment to environmental sustainability, the IR department sends documents only in electronic format.
These guidelines reflect what set by the Policy for Managing Dialogue with Shareholders and other Significant Stakeholders of the Company, approved by A2A Board of Directors on 16 December 2021.
A2A is a Life Company born on 1st January 2008 from the merger of AEM/ASM/AMSA (technically, Aem incorporated Asm and Amsa). The new entity is the first player among Italian local utilities with both a primary position in regulated and unregulated businesses and a promising potential for international expansion. Furthermore, A2A has fully consolidated Linea Group Holding since August 2016 and ACSM AGAM since July 2018, e AEB Gelsia since November 2020.
Further information is available on the Group page.
A detailed description of the business units in which A2A Group operates is available on the the Business Units section.
A2A is listed on the Italian Stock Exchange (Borsa Italiana) and is a member of the FTSE Mib (Blue Chips) and in the FTSE Italia All-Share Utilities super-sector index and other sector index. Further details are available here.
The code is an ISIN (International Securities Identification Number).
For A2A shares the ISIN code is IT0001233417.
The updated price of A2A stocks on the financial market is available on the homepage of our website and (with further details) at the page QUOTATION
The two main shareholders are the Municipality of Milan and the Municipality of Brescia. For further details about other relevant shareholders, go to Sub Home INVESTORS
For details about A2A bonds please go to the DEBT-BONDS
A2A peers are the main listed utilities that operate in the energy sector on a national or on a local basis: Enel, Acea, Hera, Iren, Ascopiave.
The release date of results (quarterly and annual) is shown in the FINANCIAL CALENDAR
The financial and industrial objectives are publicly disclosed when the BUSINESS PLAN is approved.
The main information about the debt breakdown and maturity can be found on our website at the following page: DEBT
The rating of A2A is available at the following page: DEBT - RATING
The definition of “investment grade” is related to the credit rating assessment by the following rating agencies
Current A2A issuer credit rating is equal to BBB/Baa2.
A2A external auditors are::
A2A quarterly and annual reports are compliant with the IAS/IFRS reporting rules. The "International Financial Reporting Standards" (IFRS) are a set of international reporting rules, ratified by the European Commission, that Companies with securities listed on regulated markets of Member States of the European Union are required to adopt for their consolidated financial statements starting in 2005.
For detailed information about the dividend per share amount, distribution and taxation as well as A2A dividend policy, please visit the SHARES - DIVIDENDS
The main instruments of Sustainability adopted by A2A are:
For further information please go to the section: Sustainability
The most relevant issues for stakeholders are described in the A2A Materiality Matrix.
The ESG themes relevant for investors are available on the ESG Investors page.
A2A ADOPTS THE TRADITIONAL CORPORATE GOVERNANCE MODEL. THE ROLES OF THE MAIN BODIES ARE THE FOLLOWING:
Shareholders’ Meeting
Board of Directors
For further details go to GOVERNANCE
The Board of Directors will remain in charge for three years until 2026 Shareholders’Meeting.
The Board of Directors has set up four Committees.
As laid down in A2A By-Laws, the company holds one compulsory Shareholders’ General Meeting per year. The Annual General Meeting is called by the Board of Directors, within 120 days (or 180 days under certain circumstances) after the end of the fiscal year.
You can find information on when the Shareholders’ Meeting is held in the Financial Calendar
The notice of call shall be published on the Company’s website and, as excerpt, in the daily newspaper “Il Sole 24 Ore” within 30 days before the first call of Shareholders’ Meeting (unless there are further items in the agenda of the Shareholders’ meeting besides the approval of the Annual Financial Statements which require different time limits for the call). The notice of call is also sent to Consob (market regulator) and Borsa Italiana
Are legitimate to participate the shareholders:
However, it's possible to attend and vote if the statement is received by the Company before the opening of the Shareholders' Meeting on first call.
Each shareholder entitled to participate may confer a proxy to a single representative in writing in the manner set forth by current laws.
Morever, experts, financial analysts, members of the economic-financial community, entitled journalists (from daily and periodic newspapers, Italian or foreign or radio/TV channels, Italian or foreign) can participate in the Shareholders’ Meeting, under authorization by the Company, as listeners only with no voting rights.
Key strenghts are mentioned in A2A Investment Proposition
Please consult our contact section for Istitutional Investor and Private Shareholders and Investor Relations Guidelines.
A2A has approved the Policy for Managing Dialogue with Shareholders and other Significant Stakeholders of the Company.
In order to receive the price sensitive press releases of A2A, a press alert system has been set up. To subscribe, please go to the page: Home INVESTORS or to Press Releases Section.