(Finance) – “Our development strategy envisaged in the Plan rests on solid foundations and is aimed at achieving greater levels of efficiency, enhancing all managed services and increase the resilience and digitization of our infrastructuressupporting the territories served in the ecological transition, also with the help of PNRR funds”. Orazio Iacono, managing director of the group Hera, after the multiservice board of directors approved the new business plan. Expected EBITDA for 2026 of approximately 1.5 billion (+246 million compared to 2021) and total investments of over 4.1 billion (+53% compared to the last 5 years).
“Having already optimized the emissions of our production processes for many years, our attention will be increasingly focused on supporting households and businesses and all our stakeholders in this transition – added Iacono – Furthermore, as a reconfirmation of our solidity, the expected growth over the course of the Plan will be associated with a conservative financial leverage that will allow for further opportunities to be seized“.
Hera explained that the positive cash flow generation over the course of the Plan will be able to cover the investment plan, gradually bringing the leverage below the 3x thresholdwith the aim of reaching 2.8x by 2026.
The company said that the recent M&A operations (Macero Maceratese from the Marches and ACR from Modena) “will be joined by further acquisitions of companies operating in the environmental and energy business which will allow the expansion of the group’s range of services or the extraction of synergies”.