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Acea SpA (ACE.MI)

ACE.MI on Milan Stock Exchange

12.79EUR
24 Mar 2017
Change (% chg)

€0.13 (+1.03%)
Prev Close
€12.66
Open
€12.54
Day's High
€12.84
Day's Low
€12.54
Volume
155,316
Avg. Vol
122,485
52-wk High
€14.00
52-wk Low
€9.77

Latest Key Developments (Source: Significant Developments)

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

Acea Q1 net profit up at EUR 66.9 mln
Thursday, 12 May 2016 08:00am EDT 

Acea SpA : Q1 net profit 66.9 million euros ($76.19 million) versus 50.5 million euros a year ago . Q1 revenue 713.7 million euros versus 761.6 million euros a year ago .Confirms FY 2016 guidance.  Full Article

Acea SpA proposes FY 2015 dividend
Monday, 14 Mar 2016 03:00am EDT 

Acea SpA:Proposes 2015 dividend of 0.50 euro per share.  Full Article

Demetrio Mauro to be new CFO of Acea
Monday, 9 Nov 2015 03:00am EST 

Acea SpA:Demetrio Mauro to be new Chief Financial Officer as of Jan. 1, 2016.  Full Article

Acea SpA CFO Franco Balsamo resigns
Thursday, 17 Sep 2015 12:09pm EDT 

Acea SpA:Says Franco Balsamo, chief financial officer and executive responsible for financial reporting, resigns from his position as of Oct 1.Says appoints Iolanda Papalini as executive responsible for financial reporting from Oct 1.  Full Article

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