MILAN, May 15 (Reuters) – A2A closed the first quarter with a net profit of 117 million euto an increase of 46.3% over the same period in 2014, while EBITDA amounted to 337 million, up by 10.5%, according to a statement.
The title has accelerated the rise in the stock market because the results are well above analysts’ expectations. At around 14.50 gaining 2.5% to EUR 1,069.
To do towed to the results even lower tax burden in 2015 caused by the abolition of the Robin Hood Tax, illeggitimo declared by the Constitutional Court and that until the end of last year impacted on the profits of energy companies.
Revenue fell by 5% to 1,379,000. Net debt amounted to 3.307 million from 3.363 million at the end of 2014.
As for the forecasts for the year, the company estimates an annualized EBITDA and a net financial position in line with the targets identified in the plan to 2019.
(Giancarlo Navach)
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