(Tiper Stock Exchange) – Alerion Clean Powera company listed on Euronext Milan and active in the field of renewable energy, closed 2022 with revenues equal to 273.7 million euros, up by 78% compared to 2021 thanks to the sharp increase in electricity sales prices. L’EBITDA amounted to 232.8 million euros (+76.5%), despite an estimated burden of approximately 36.9 million euros for the application of the extraordinary measures introduced by the Italian authorities in 2002 to deal with high energy costs “. The Net income was equal to 73.2 million euro (+45.8%).
There electricity production of fully consolidated plants was equal to 1,074 GWh, in line with the production recorded in the previous year (2021), equal to 1,077 GWh despite the increase in installed capacity (two wind farms in Cerignola and new photovoltaic plants in Romania). The production has suffered from a less windiness recorded on the sites compared to the previous year.
L’financial debt as at 31 December 2022 it amounted to 385.5 million euros, a decrease of 117 million euros compared to 31 December 2021 when it amounted to 502.5 million euros, the positive change despite the expenditure for investments mainly in Romania and Italy , is attributable to the more than positive performance in terms of operating cash flow generated by the strong increase in electricity prices during the year.
The board of directors resolved to propose to the shareholders’ meeting to distribute a dividend of 65 euro cents per share (+48% on the previous year), for an amount of approximately 35 million euro.
(Photo: American Public Power Association on Unsplash)