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Acea SpA (ACE.MI)

ACE.MI on Milan Stock Exchange

14.56EUR
26 May 2017
Change (% chg)

€0.14 (+0.97%)
Prev Close
€14.42
Open
€14.50
Day's High
€14.60
Day's Low
€14.38
Volume
131,803
Avg. Vol
131,462
52-wk High
€14.60
52-wk Low
€9.77

Latest Key Developments (Source: Significant Developments)

Italy's Enel says confident anti-trust probe will reveal no wrongdoing
Thursday, 11 May 2017 01:30pm EDT 

May 11 (Reuters) - Italian utility Enel says: :Confident a probe opened by the Italian antitrust into alleged anti-competitive practices in electricity sales will show no wrongdoing..Says the company has always paid highest attention to regulatory demands, anti-trust issues, and is the first to oppose illicit behaviour..Earlier, the antitrust body said it was reviewing position of Enel <<>>, Acea <<>> and A2A <<>>nR1N1FF02E.  Full Article

Italy antitrust body opens probe into Enel, Acea, A2A
Thursday, 11 May 2017 12:11pm EDT 

May 11 (Reuters) - Enel , Acea , A2A :Italy antitrust body says in a statement it has opened a probe into alleged anti-competitive practices in electricity sales by Enel, A2A and ACEA..Antitrust body says looking at whether the three firms are using customer data to put themselves in an advantageous position ahead of full market liberalisation. .  Full Article

Acea appoints Stefano Antonio Donnarumma CEO
Wednesday, 3 May 2017 11:28am EDT 

May 3 (Reuters) - Acea SpA ::Board appoints Stefano Antonio Donnarumma CEO.  Full Article

Acea Q1 net profit down 1.8 pct at EUR 65.7 mln
Wednesday, 26 Apr 2017 12:12pm EDT 

April 26 (Reuters) - Acea SpA ::Q1 net profit EUR 65.7 million ($71.42 million) versus EUR 66.9 million year ago.Q1 revenue EUR 725.5 million versus EUR 713.7 million year ago.Confirms 2017 EBITDA guidance.  Full Article

Acea FY net profit rises to EUR 262.3 mln
Monday, 13 Mar 2017 10:31am EDT 

Acea SpA : FY net profit 262.3 million euros ($279.66 million) versus 175.0 million euros a year ago . FY net revenues 2.83 billion euros versus 2.92 billion euros a year ago . Proposes dividend of 0.62 euro per share, up 24 pct year on year .Guidance 2017: increase in EBITDA between 4 percent and 6 percent on 2016 adjusted margin.  Full Article

Acea FY prelim. EBITDA up 22.4 pct YoY at EUR 896 mln
Monday, 6 Feb 2017 08:35am EST 

Acea SpA :FY preliminary EBITDA 896 million euros ($960.60 million), up 22.4 percent year on year.  Full Article

Acea acquires 100 pct in Idrolatina and Severn Trent Italia and 19.2 pct in GEAL
Tuesday, 22 Nov 2016 04:35am EST 

Acea SpA : Signs contract for acquisition of 100 percent in Idrolatina, which holds 49 pct in Acqualatina, for 22 million euros ($23.42 million) and direct participation of 19.2 percent in GEAL (Gestione Esercizio Acquedotti Lucchesi) for 2 million euros, both from Gruppo Veolia . The company already holds 28.8 pct in GEAL via Crea SpA, its participation in GEAL increases to 48 pct . Signs contract for acquisition of 100 percent in Severn Trent Italia and indirectly acquires 64 pct in Umbriadue Servizi Idrici and 80 pct in Iseco for 0.4 million euros from Gruppo Severn Trent Plc .The company already holds 34 pct in Umbriadue Servizi Idrici via Crea Gestioni Srl, its participation in Umbriadue increases to 98 pct.  Full Article

Acea launches bond buy-back offer for up to EUR 300 mln
Wednesday, 12 Oct 2016 06:00am EDT 

Acea SpA : Launches partial bond buy-back offer for the maximum nominal value of 300 million euros ($336.03 million) . To organize a roadshow with qualified investors in relation to a potential bond issue under the program "€1,500,000,000 Euro Medium Term Note" .Expects to issue bonds during October.  Full Article

Acea H1 net profit rises to EUR 149.5 mln
Thursday, 28 Jul 2016 05:08am EDT 

Acea Spa : H1 net profit 149.5 million euros ($165.84 million) versus 99.3 million euros a year ago .H1 revenues from sales and services 1.36 billion euros versus 1.41 billion euros a year ago.  Full Article

Suez - Acea deal to boost Ebitda, Ebit and net profit by 22 mln euros
Thursday, 28 Jul 2016 03:27am EDT 

Suez Sa : Suez says Acea deal will boost its ebitda, ebit and net profit by 22 million euros . CEO says expects Acea deal to close in Q3 . CFO says it will be difficult but it is realistic to meet Suez' 2016 earnings targets .CEO says we have not found any major assets worth acquiring that would boost our Ebitda to 3 bln euros by 2017.  Full Article

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