Accelerating since 2014
| Energy production from coal- & oil-fired plants | Waste landfilled | Customers | Energy public charging points | NFP/EBITDA | EBITDA | |
|---|---|---|---|---|---|---|
| GWh | kt | k | MWh | B€ | ||
| 2014 | 3,321 | 279 | 320 | 105 | 3.3x | 1.0 |
| 2020 | 869 | 34 | 1,691 | 1,663 | 2.9x | 1.2 |
| Achievements | -74% | -88% | >4x | 15x | -12% | 20% |
| -2,452 GWh production from coal- & oil-fired plants | -245 Kton of waste landfilled | +1,371 K customers (EE and Gas free market customer base) | +1,558 MWh delivered by A2A public charging points to EVs | -12% reduction of NFP/EBITDA multiple | +20% growth of EBITDA |
Where we start from:
Relaunch
Consistent industrial growth
Selective external growth
- +560 K customers (EE and Gas free market customer base)
+800 Kt waste treated
+200 €M of RAB - ~130 €M of operating efficiency
- 14 M&A deals +105 €M EBITDA
- Largest territory aggregations (+1 in pipeline)
Regeneration
Active role in the energy market transformation
- CCGT fleet active management: 4x production vs. 2014
- Stable profitability (volatility <10%)
- Created PV platform (+35 MW)
- Pilot projects on innovative solutions (UVAP, drones…)
Reshape
Public lighting, smart city, energy efficiency
- First-mover in consolidating energy efficiency sector
- +60% A2A Smart City EBITDA
- 120 K LED installed (+135%)
| EBTDA (€M) | 2014 | 2017 |
|---|---|---|
| Regulated | 420 | 437 |
| Quasi regulated | 236 | 343 |
| Merchant low volatility | 82 | 158 |
| Merchant high volatility | 287 | 273 |
| Total | 1,024 | 1,211 |
+18% Higher and more stable margin
| 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|
| NFP/EBTDA (€M) | 3.3 | 2.8 | 2.5 | 2.7 |
-18% Capital structure reinforced
| 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|
| DPS (€c/share) | 3.6 | 4.1 | 4.9 | 5.8 |
+61% Dividends growing steadily
| 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|
| CAPEX (€M) | 282 | 317 | 349 | 450 |
+60% Investing more with quality
| 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|
| ROI % | 7.8 | 8.7 | 11.3 | 11.8 |
+52% Growing, stable return >10%
Archives
A2A 2020 - Presente nel futuro. FY 2014 Results - Strategic Plan
For further details: Press Release
The A2A S.p.A. Board of Directors has approved the 2014 results
The Board of Directors has examined and approved the 2015-2019 Strategic Plan of the A2A Group