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A2A Targets EBITDA AT 1.39 Bln Euros And Net Profit At 0.48 Bln Euros In 2022


Tuesday, 20 Mar 2018 

March 20 (Reuters) - A2A ::APPROVES 2018-2022 PLAN.EBITDA AT 1.39 BILLION EUROS AND NET PROFIT AT 0.48 BILLION EUROS IN 2022.DIVIDEND TARGETS: 2018 EURO 6.7 CENTS/SHARE, 2019 EURO 7.5 CENTS/SHARE, WITH MIN. GROWTH IN FOLLOWING YEARS EQUAL TO 5% PER ANNUM.2.8 BILLION EURO INVESTMENTS OVER FIVE YEARS, OF WHICH ABOUT 20% DEDICATED TO DIGITAL AND TECHNOLOGICAL INNOVATION.PLAN DOES NOT INCORPORATE GROWTH INITIATIVES, INCLUDING TERRITORIAL AGGREGATIONS.NET FINANCIAL DEBT AT 3.03 BILLION EUROS AT END-2022, NET FINANCIAL DEBT/EBITDA RATIO DOWN TO 2.2X. 

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