VALUE
Value from asset quality, diversification and synergies
A2A ASSET PORTFOLIO - FIRST CLASS ASSET BASE AND SIZE
WASTE
1st energy producter from WTE plants
- Inhabitants served: 3.55 millions
- Waste disposed of: 3,360 Kton
- WTE and biogas electricity production: 1,772 GWh
MARKET
Leader for quality and customer satisfaction
- Electricity PODs: 1,057,719
- Gas PODs: 1,298,160
- Public lighting (n.): 213,186, of which 204,705 LED
NETWORKS
NETWORKS - Incumbent in the key areas:
- Electricity distribution network: 14,919 Km
- Gas distribution network: 11,183 Km
- Water distribution network: 3,984 Km
HEAT - 1st domestic operator
- Heat volumes sales: 2,682 GWht
GENERATION
~2 GW hydro installed capacity
- Total installed capacity: 8,605 MW
- Thermoelectric capacity: 6,694 MW
- Hydroelectric capacity: 1,876 MW
- Photovoltaic capacity: 35.3 MW
WASTE
1st energy producter from WTE plants
- Inhabitants served: 3.55 millions
- Waste disposed of: 3,360 Kton
- WTE and biogas electricity production: 1,772 GWh
MARKET
Leader for quality and customer satisfaction
- Electricity PODs: 1,057,719
- Gas PODs: 1,298,160
- Public lighting (n.): 213,186, of which 204,705 LED
NETWORKS
NETWORKS - Incumbent in the key areas:
- Electricity distribution network: 14,919 Km
- Gas distribution network: 11,183 Km
- Water distribution network: 3,984 Km
HEAT - 1st domestic operator
- Heat volumes sales: 2,682 GWht
GENERATION
~2 GW hydro installed capacity
- Total installed capacity: 8,605 MW
- Thermoelectric capacity: 6,694 MW
- Hydroelectric capacity: 1,876 MW
- Photovoltaic capacity: 35.3 MW
BUSINESS MODEL - A2A UNIQUE BUSINESS PORTFOLIO WITH A WELL BALANCED VOLATILITY/GROWTH MIX AND LONG TERM CONCESSIONS
WASTE
- Collection and street sweeping
- Urban Waste Treatment
Meterial Recovery
Electricity and Heat production
- Industrial Waste Treatment
MARKET
- Electricity and gas sales
Free market
Regulated market
- Public Lighting
- New Energy Solutons:
Energy Efficiency, E-mobility, Smart City
NETWORKS
- Electricity distribution
- Gas distribution
- Integrated Water Cycle
HEAT - 1st domestic operator
- Cogeneration, heat recovery and sales
- Heat distribution
GENERATION
- Fuel sourcing
- Power generation (Thermoelectric and RES)
- Whole-sale & Trading
WASTE
- Collection and street sweeping
- Urban Waste Treatment
Meterial Recovery
Electricity and Heat production
- Industrial Waste Treatment
MARKET
- Electricity and gas sales
Free market
Regulated market
- Public Lighting
- New Energy Solutons:
Energy Efficiency, E-mobility, Smart City
NETWORKS
- Electricity distribution
- Gas distribution
- Integrated Water Cycle
HEAT - 1st domestic operator
- Cogeneration, heat recovery and sales
- Heat distribution
GENERATION
- Fuel sourcing
- Power generation (Thermoelectric and RES)
- Whole-sale & Trading
GROWTH ORIENTED MULTI-UTILITY
To view main financial figures and ratio click here
GROWTH
Disciplined growth open to sector dynamics
2017 VS. 2014 - DELIVERED INDUSTRIAL AND FINANCIAL VALUE
| 2014-2017 Track Record | ||||
|---|---|---|---|---|
| EBITDA Higher and more stable margin |
DPS Dividends growing steadily |
CAPEX Investing more with quality |
ROI Growing, stable return >10% |
NFP/EBITDA Capital structure reinforced |
| +18% | +61% | +60% | +52% | -18% |
STRATEGIC VIEW ALIGNED TO MEDIUM-LONG TERM TRENDS AND UNDERPINNED BY SUSTAINABILITY
| TRANSFORMATION | EXCELLENCE | COMMUNITY |
|
A2A will make a significant effort to undertake, in its 4 reference businesses, the transformation actions necessary to respond to the identified market trends: -Circular Economy |
Starting from the positive experience of the EN&A Project, the Mistral Project has been launched: focus on operational excellence through a bottom-up redesign of processes and the transformation of the managerial culture. Moreover, strong boost in Capex for digitalization and technological innovation (>500 €M in the period). | Over 350 innovation concepts evaluated will be translated into the experimentation of about 50 new initiatives |
| SUSTAINABILITY | ||
For more information click here
STRONG CONFIDENCE TO DELIVER HIGHER QUALITY RESULTS
| KEY FINANCIAL HIGHLIGHTS - 2017 TO 2022 | |||||
|---|---|---|---|---|---|
| Year | Ordinary EBITDA | Ordinary Net Income | Net Debt | NFP/EBITDA | Others Targets |
| 2017 | 1.1 €Bn | 293 €M | 3.2 €Bn | 2.7 x | CAPEX 2018-2022: ~2.8 €Bn (plus 0.5 €Bn of RES development) ROI stable >11% |
| 2022 | ~1.4 €Bn | 482 €M | ~3.0 €Bn | ~2.2 x | |
SUSTAINABILITY
As a key pillar
A2A STRONG COMMITMENT TO SUSTAINABILITY
A2A SUSTAINABILITY EMBEDDED IN THE STRATEGIC PLAN
DIVIDENDS
Focus on dividends
DIVIDENDS ON A GROWING TREND SINCE 2013
BETTER DIVIDENDS VISIBILITY WITH STRONGER CAPITAL STRUCTURE
