a2a SpA : approved the Interim Report on Operations at 30 September 2012; pproved the 2013-2015 Economic and Financial Plan and the medium to long-term guidelines of the A2A Group

Thu Nov 8, 2012 9:13am EST

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Significant improvement in the consolidated economic-financial results of the first nine months of 2012
Revenues, up by 612 million euros (+14%), exceeded 4.9 billion euros
The Gross Operating Income (EBITDA) and the Net Profit were respectively 776 million (+20%) and 169 million (+48%)
The net Cash Flow generated in the period came to 524 million euros
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The Supervisory and Management Boards examined and approved the 2013-2015 Economic and Financial Plan and the medium to long-term guidelines of the A2A Group
Planned industrial investments in the three-year period for around 1.2 billion euros, EBITDA at 2015 equal to 1.3 billion euros and Net debt down by 1.4 billion euros
Merging and reorganization of the Group's activities in the Environment sector (waste disposal and waste-to-energy): creation of the largest Italian operator, with significant increases in efficiency in the short-term and strong industrial growth prospects in the medium to long-term

Further development of District Heating networks powered by co-generation plants in Lombardy, with a significant impact in terms of reducing the energy requirements for domestic heating and the emission of pollutants inĀ metropolitan areas
Acceleration of actions to integrate operations in the Electricity Generation sector following the acquisition of Edipower
Priority given to managerial action aimed atĀ strengthening the Group's financial structure and the implementation of significant operational efficiencies, as the basis for the progressive growth of industrial investments already during the three-year period




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Source: a2a SpA via Thomson Reuters ONE

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