2010 – 2014 Business Plan: financial targets and growth drivers
The 2010-2014 Business Plan envisages:
- an average increase of 7 - 7.5% per year in EBITDA, with main contributions from renewables (EPCG), Waste (13% CAGR) and District Heating (9% CAGR)
- a significant fall in Net Financial Position, not including dividends distribution, to approximately 2.8 billion euros, thanks to cash flow generated and peripheral assets reduction
- a stable dividend policy with dividends at least in line with 2008 levels (post 2009), to be achieved also through extraordinary operations aimed at the disposal of non strategic assets or at transforming financial holdings into industrial activities
- Investments of approximately 2.6 billion euros during the period, of which about 60% to support the development of high-growth businesses.
During the period of the Plan, the industrial development of the A2A Group will concentrate on the core business areas, with a focus on District Heating and Waste.