(Finance) – A2A closes the first half of the year with a net profit of 328 million eurosdown by 12 million compared to the first half of 2021 (340 million euros).
“In a scenario strongly characterized by the persistence of the effects of the geopolitical and economic crisis and by the increasingly evident effects of climate change, the diversification of business activities has allowed the Group to confirm its solidity and ability to react”, comments the Director Delegate Renato Mazzonciniadding “in a complex and difficult situation, the A2A Group has appropriately managed the effects of this situation by monitoring the risks of commodities and financial and credit exposure, thus mitigating the impacts that the turbulence in the energy markets could have generated”.
“A2A has further increased its investments in strategic infrastructures for the ecological transition in order to overcome the emergency and contribute to the energy independence of the country “, underlines the manager, confirming the growth target in renewables and in the circular economy.
THE revenues mark a strong growth of 141.5%attesting to 9,788 million euros, mainly due to the increase in the prices of energy raw materials, which is matched by an increase in procurement costs. The Gross Operating Margin leads you to 708 million euros, up 3% compared to the first half of 2021, thanks to the diversification of the Group’s businesses.
Investments for 463 million of euros, in growth of 12% compared to the same period of the previous year. There Net Financial Position stands at 4,587 million euros (4,113 million euros at December 31, 2021). Net of the changes in the perimeter of the period, the NFP is up by 65 million euros, after investments for 463 million euros, payment of dividends for 283 million euros and collections for the sale of some real estate assets for 221 million euros.