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A2A SpA (A2.MI)

A2.MI on Milan Stock Exchange

1.62EUR
9 Dec 2019
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Latest Key Developments (Source: Significant Developments)

A2A 9-Month Net Profit Down At EUR 250 Mln
Wednesday, 13 Nov 2019 

Nov 13 (Reuters) - A2A SpA ::9-MONTH NET PROFIT EUR 250 MILLION VERSUS EUR 335 YEAR AGO.9-MONTH REVENUE EUR 5.40 BILLION VERSUS EUR 4.52 BILLION YEAR AGO.9-MONTH EBITDA EUR 886 MLN VS EUR 875 MLN YEAR AGO.EXPECTS 2019 EBITDA TO BE AT AROUND EUR 1,20 BILLION.STRONG GENERATION OF OPERATING CASH WILL BE USED TO FINANCE RECORD INVESTMENTS.NET PROFIT IS EXPECTED TO BE AT AROUND 330 MILLION EURO.RECORD INVESTMENTS EXPECTED TO AMOUNT TO ABOUT 600 MILLION EURO WHICH, TOGETHER WITH DISTRIBUTION OF HIGHER DIVIDENDS IN MAY 2019, WILL RESULT IN A NET CASH OUTFLOW OF ABOUT 50 MILLION EURO.MANAGEMENT EXPECTS ECONOMIC-FINANCIAL PERFORMANCE OF 2019 TO BE CONFIRMED AS GOOD, BETTER THAN THAT STATED IN H1 2019 PRESS RELEASE.  Full Article

A2A Wins Italian Public Administration Tenders Of About 4.3 TWh /Year
Monday, 21 Oct 2019 

Oct 21 (Reuters) - A2A SpA ::WINS 5 LOTS OF TENDER OF ITALIAN PUBLIC ADMINISTRATION COMPANY WITH VOLUMES OF 2.5 TWH PER YEAR.CONTRACTS FROM TENDER OF ITALIAN PUBLIC ADMINISTRATION ARE WORTH EUR 480 MLN IN REVENUES SPLIT BETWEEN 2020 AND 2021.HAS ALSO WON THREE LOTS OF TENDER BY CET – CONSORZIO ENERGIA TOSCANA FOR SUPPLY TO TUSCAN PUBLIC ADMINISTRATION.TOTAL VOLUMES FROM NATIONAL TENDERS IN ITALY AMOUNT TO ABOUT 4.3 TWH PER YEAR.  Full Article

Italian utility A2A to assess tie-up with local peer AEB
Thursday, 17 Oct 2019 

Oct 17 (Reuters) - Italian regional utility A2A says::SIGNS AGREEMENT TO ASSESS FEASIBILITY OF TIE-UP WITH LOCAL UTILITY AEB.  Full Article

Italgas And A2A Sign Deal For Mutual Transfer Of Some Assets
Tuesday, 8 Oct 2019 

Oct 8 (Reuters) - Italgas ::ITALGAS AND A2A SIGNED AGREEMENT FOR MUTUAL TRANSFER OF SOME ASSETS IN ORDER TO STRENGTHEN THEIR RESPECTIVE CORE BUSINESSES.COMMITS TO SELL TO A2A CALORE & SERVIZI (A2A GROUP) ALL DISTRICT HEATING ACTIVITIES CURRENTLY MANAGED IN COLOGNO MONZESE (MILAN).UNARETI (A2A GROUP) TO SELL ITALGAS NATURAL GAS DISTRIBUTION ACTIVITIES MANAGED IN 7 MUNICIPALITIES IN THE ATEM ALESSANDRIA 4.EXPECTS AGREEMENTS TO BE FINALISED BY DEC. 2019.  Full Article

A2A H1 Net Profit Narrows To EUR 166 Mln
Friday, 2 Aug 2019 

Aug 2 (Reuters) - A2A SpA ::H1 GROSS OPERATING MARGIN EUR 582 MILLION VERSUS EUR 657 MILLION YEAR AGO.H1 REVENUE EUR 3.71 BILLION VERSUS EUR 3.08 BILLION YEAR AGO.H1 NET PROFIT EUR 166 MILLION VERSUS EUR 267 MILLION YEAR AGO.CONFIRMS GUIDANCE FOR 2019.EXPECTS EBITDA IN 2019 BETWEEN 1,155 MILLION EURO AND 1,185 MILLION EURO (INCLUDING 25 MILLION EURO IN NONRECURRING POSITIVE ITEMS).EXPECTS NET PROFIT TO BE BETWEEN EUR 300 MILLION AND EUR 330 MILLION.STRONG GENERATION OF OPERATING CASH WILL BE USED TO FINANCE RECORD INVESTMENTS (EXPECTED TO AMOUNT TO ABOUT 700 MILLION EURO).RECORD INVESTMENTS TOGETHER WITH DISTRIBUTION OF HIGHER DIVIDENDS IN MAY 2019 WILL RESULT IN A NET CASH OUTFLOW OF ABOUT 200 MILLION EURO.  Full Article

A2A Q1 Net Profit Down At EUR 104 Mln
Wednesday, 15 May 2019 

May 15 (Reuters) - A2A SpA ::Q1 EBITDA EUR 328 MILLION VERSUS EUR 408 MILLION YEAR AGO.Q1 REVENUE EUR 2.11 BILLION VERSUS EUR 1.81 BILLION YEAR AGO.Q1 NET PROFIT EUR 104 MILLION VERSUS EUR 173 MILLION YEAR AGO.IN 2019 GROSS OPERATING MARGIN IS EXPECTED TO BE BETWEEN 1,155 MILLION EURO AND 1,185 MILLION EURO.IN 2019 NET PROFIT IS EXPECTED TO BE BETWEEN 300 MILLION EURO AND 330 MILLION EURO.IN 2019 EXPECTS NET CASH OUTFLOW OF ABOUT 200 MILLION EURO.  Full Article

Three Italian utilities interested in some Ascopiave's assets
Thursday, 21 Mar 2019 

March 20 (Reuters) - Ascopiave::ITALIAN UTILITIES A2A, AIM VICENZA AND AGSM VERONA ARE STUDYING A JOINT ACQUISITION OF SOME GAS AND ENERGY ASSETS OF ASCOPIAVE.A2A, AIM VICENZA AND AGSM VERONA ARE ALSO STUDYING PARTNERSHIP IN GAS DISTRIBUTION BUSINESS.  Full Article

A2A: Provisional Results Of Acsm Agam Takeover Bid
Saturday, 8 Sep 2018 

Sept 10 (Reuters) - A2A SpA ::SAID ON FRIDAY THAT 14,221,341 SHARES OF ACSM AGAM HAVE BEEN CONTRIBUTED IN THE TAKEOVER BID DURING THE RELEVANT OFFER PERIOD.SHARES CORRESPOND TO AROUND 54.14 PCT OF THE SHARES SUBJECT OF THE TAKEOVER BID AND TO AROUND 7.2 PCT OF THE ACSM AGAM'S SHARE CAPITAL.THE TENDERERS WILL JOINTLY HOLD 185,300,261 ORDINARY SHARES OF ACSM AGAM EQUAL TO AROUND 93.89 PCT OF SHARE CAPITAL.TO REOPEN TAKEOVER BID WITHIN THE TRADING DAY OF SEPT 14 FOR FIVE TRADING DAYS .  Full Article

Acsm-Agam, Aspem, Aevv, Lario Reti Holding And A2A Meet Conditions Precedent To Execute Partnership
Wednesday, 20 Jun 2018 

June 20 (Reuters) - Acsm-Agam ::, ASPEM, AEVV, LARIO RETI HOLDING AND A2A <<>> SAY CONDITIONS PRECEDENT WERE MET FOR EXECUTION OF PARTNERSHIP., ASPEM, AEVV, LARIO RETI HOLDING AND A2A SAY EFFECTIVE DATE OF TRANSACTION HAS BEEN CONFIRMED TO BE JULY 1, 2018.  Full Article

A2A expects Terra Firma to shortlist bidders for Italian assets within 2 weeks
Thursday, 10 May 2018 

May 10 (Reuters) - A2A CEO Valerio Camerano tells analyst call::PRESENTED NON-BINDING OFFER FOR TERRA FIRMA'S SOLAR ASSETS IN ITALY, EXPECTS SHORTLIST WITHIN NEXT TWO WEEKS.  Full Article

A2A,EPH to present 'serious' bid for Sorgenia by December 15 deadline

MILAN Italy's A2A and Czech utility EPH will submit a binding offer for energy company Sorgenia by the deadline of Dec. 15, A2A's chief executive said on Tuesday.