- Italgas’s adjusted EBITDA for the fiscal year reached €1.35 billion, marking a 14% year-over-year increase. Analysts had estimated €1.33 billion.
- The company reported an EBITDA of €1.31 billion, an 8.7% increase from the previous year.
- Adjusted EBIT was recorded at €820.7 million, showing a 20% growth year-over-year, exceeding the estimate of €797.8 million.
- Dividends per share amounted to €0.406, surpassing the estimate of €0.38.
- EBIT came in at €782.2 million, a 15% rise compared to the previous year.
- Adjusted net profit amounted to €506.6 million, marking a 15% increase from last year, and was above the estimated €478.9 million.
- Adjusted total revenue for the year was €1.78 billion, showing a slight increase of 0.2% year-over-year. This was slightly below the estimate of €1.82 billion.
- Analyst recommendations include 5 buy ratings, 8 hold ratings, and no sell ratings.
A look at Italgas SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts assessing Italgas SpA‘s long-term prospects, based on Smartkarma Smart Scores, see a favorable outlook for the company. Italgas receives high scores in Dividend and Momentum, indicating strong performance in these areas. The company’s robust dividend policy reflects its ability to generate consistent returns for shareholders, while its positive Momentum score suggests a strong upward trend in the company’s performance.
Although Italgas scores moderately in Value, Growth, and Resilience, the overall picture remains positive. With a solid presence in the gas distribution market in Italy, the company offers essential services such as delivery point management and fault reporting. These factors, combined with its strong performance in key areas, position Italgas well for sustained growth and value creation in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
