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The A2A S.p.A. Board of Directors has approved the 2016 results

  • Strong growth in Group Net Profit to 224 million euros (73 million euros in 2015)
  • Gross Operating Margin up by 17.46% to 1,231 million euros: the best result since the creation of the A2A Group
  • Investments at 424 million euros, up by 23%
  • The Net Financial Position, excluding the acquisition of LGH, is further reduced by 230 million euros (at 2,667 million euros)
  • The effects of acquiring 51% of the Linea Group Holding Share Capital, equal to 469 million euros, bring the overall NFP to 3,136 million euros (NFP/EBITDA equal to 2.5x)
  • Approved the first integrated report, according to the framework "International Integrated Reporting Council", which will be submitted to the Shareholders’ Meeting 


*** 

A dividend of 0.0492 euros per share up by 20% compared to the previous year, was proposed to the Shareholders' Meeting 

 
***  

Milan, 3 April 2017 – At today’s meeting of the Board of Directors of A2A S.p.A., chaired by Mr. Giovanni  Valotti,  the  Board approved  the draft  of the  Separate  Financial Statements  and  the consolidated annual financial Report as at 31 December 2016.

The  implementation  of  the  2015-2019  Strategic  Plan  (and  subsequent  developments),  with  the majority of operating targets better than expected, helped achieve exceptional economic and financial results  which  confirm  the  validity  of  the strategic  path  undertaken  and inspire confidence  about future developments.  

 

For further information: 
 
Media relations: tel. 02 7720.4583, ufficiostampa@a2a.eu 
Investor Relations: tel.02 7720.3974, ir@a2a.eu 

 

Download full text of the press release with data and tables.

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