sector: Utilities ·
industry: Utilities - Electric ·
As of
26 Nov 2009
2.79EUR
Terna - Rete Elettrica Nazionale SpA (Terna) is an Italy-based company engaged in the utility sector. The Company provides transmission and dispatching the high voltage (HV) grid throughout Italy. The Company is also involved in the management of the national high voltage electricity infrastructures. In Italy, the Company operates through its subsidiary inTERNAtional SpA. It is also active in Brazil through its direct subsidiary Terna Participacoes SA, which is involved the field of power transmission. Terna has also indirect subsidiaries, including TSN SA, Novatrans SA, Terna Servicos Ltda and Empresa de Transmissao de Energia do Oeste Ltda (ETEO), among others.
BRIEF: For the nine months ended 30 September 2009, Terna - Rete Elettrica Nazionale SpA's total revenue increased 12% to EUR996.8M. Net income from continuing operations increased 3% to EUR248.4M. Total revenue reflects an increase in demand for the Company's products and services. Net income from continuing operations was partially offset by decreased gross margins as well as by higher financial expenses.
Terna - Rete Elettrica Nazionale S.p.A.
64, Via Arno
Rome 00198
P: +3906.83138111
F: +3906.83138389