Company Profile For Iride SpA
Iride SpA (IRD.MI) (Milan Stock Exchange)
sector: Utilities ·
industry: Utilities - Multiline ·
Overview
Iride SpA is an Italy-based company engaged in the utility sector. The Company was created on October 31, 2006, from the merger of AEM SpA and AMGA SpA. Iride SpA provides its services mainly through four subsidiaries: Iride Acqua Gas SpA, providing the distribution of water and gas; Iride Energia SpA, producing, transmitting, distributing and selling electricity and heating; Iride Mercato SpA, supplying and selling electricity and gas, managing relations with clients, and Iride Servizi SpA, providing technologic services for local authorities and the management of telecommunication infrastructure. In addition, its subsidiaries include A2A SpA. It also holds minority stakes in such companies as Edipower SpA, Energia Italiana SpA and Plurigas SpA.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Iride SpA's total revenue decreased 7% to EUR1.62B. Net loss from continuing operations totaled EUR15.4M, vs. a profit ofEUR91.1M. Total revenue reflects a decrease in demand for the Company's products and services. Net loss from continuing operations reflects an increase in other operating expenses, personnel expenses as well as higher amortization and depreciation charges.
Company Address
Iride SpA
Via Bertola, 48
Turin 10122
P: +39011.4098111
F: +39011.0703598
Via Bertola, 48
Turin 10122
P: +39011.4098111
F: +39011.0703598
Total Employees
2577
Company Web Links
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| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 75.32 | -2.22% | 11/27 15:46 IST |
| Gold | 1158.7 | -2.44% | 11/27 15:26 IST |
