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Ascopiave SpA (ASCI.MI)

ASCI.MI on Milan Stock Exchange

3.99EUR
16 Aug 2019
Change (% chg)

€0.08 (+1.92%)
Prev Close
€3.91
Open
€3.90
Day's High
€4.01
Day's Low
€3.90
Volume
163,128
Avg. Vol
297,342
52-wk High
€4.28
52-wk Low
€2.81

Latest Key Developments (Source: Significant Developments)

Ascopiave H1 Net Profit Up At EUR 32.3 Mln
Monday, 5 Aug 2019 

Aug 5 (Reuters) - ASCOPIAVE SpA ::H1 NET PROFIT EUR 32.3 MILLION VERSUS EUR 28.5 MILLION YEAR AGO.H1 REVENUE EUR 60.8 MILLION VERSUS EUR 65.2 MILLION YEAR AGO.  Full Article

Ascopiave SpA Says Energy Partnership Between Hera, Ascopiave In N. East Gets Green Light
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Ascopiave Spa ::ENERGY PARTNERSHIP BETWEEN HERA AND ASCOPIAVE IN NORTH-EAST GETS GREEN LIGHT.ON CLOSING DATE ASCOPIAVE WILL ACQUIRE A 3% STAKE IN CAPITAL OF HERA COMM, ACQUIRING RIGHT TO APPOINT A MEMBER OF BOARD OF DIRECTORS.ON CLOSING DATE HERA COMM WILL DIRECTLY ACQUIRE 100% OF CAPITAL OF AMGAS BLU, A COMPANY OPERATING IN PROVINCE OF FOGGIA.ON COMMERCIAL ENERGY FRONT, SINGLE OPERATOR TO BE CREATED TO HANDLE COMMERCIAL ACTIONS IN VENETO, FRIULI-VENEZIA GIULIA, LOMBARDY, THROUGH ESTENERGY.HERA GROUP EXPECTS TO REACH TARGET OF 3 MILLION ENERGY SALES CUSTOMERS AS ESTABLISHED IN 2019-2022 BUSINESS PLAN THROUGH AGREEMENTS WITH CO.52% OF ESTENERGY'S SHARE CAPITAL WILL BE HELD BY THE HERA GROUP AND 48% BY ASCOPIAVE.ESTENERGY, WHEN FULLY OPERATIONAL, TO HAVE CONSOLIDATED EBITDA ABOUT EUR 69 MILLION ON 2018 BASIS, EXCLUDING PARTICIPATION OF COS WITH MINORITY INTERESTS.REORGANIZING GAS DISTRIBUTION TO INVOLVE CO PURCHASING FROM HERA A SERIES OF CONCESSIONS COVERING 188,000 USERS IN VENETO, FRIULI-VENEZIA GIULIA.AS A RESULT OF OPERATION, ASCOPIAVE GROUP WILL DIRECTLY MANAGE APPROXIMATELY 775,000 USERS AND OVER 12,000 KM OF NETWORK..PARTIES EXPECT TO FINALISE TRANSACTION BY DECEMBER 31ST 2019..  Full Article

Ascopiave Q1 Net Profit Down At EUR 20.6 Mln
Monday, 13 May 2019 

May 13 (Reuters) - Ascopiave SpA ::Q1 REVENUE EUR 224.1 MILLION VERSUS EUR 200.6 MILLION YEAR AGO.Q1 NET PROFIT EUR 20.6 MILLION VERSUS EUR 23.5 MILLION YEAR AGO.  Full Article

Italy's A2A, other utilities make joint non-binding bid for Ascopiave assets
Monday, 15 Apr 2019 

April 15 (Reuters) - Italian utilities A2A, AIM Vicenza, AGSM Verona and ACSM-AGAM say::HAVE MADE NON-BINDING BID FOR THE POWER AND GAS RETAIL, GAS DISTRIBUTION BUSINESS OF UTILITY PEER ASCOPIAVE.  Full Article

Italgas to bid for gas distribution business of Italy's Ascopiave - CEO to paper
Sunday, 14 Apr 2019 

April 15 (Reuters) - Italgas SpA CEO Paolo Gallo tells Corriere della Sera newspaper::COMPANY WILL PRESENT NON-BINDING BID FOR ITALIAN UTILITY ASCOPIAVE ON MONDAY.ITALGAS' BID WILL REGARD ASCOPIAVE'S GAS DISTRIBUTION BUSINESS, NOT ITS RETAIL ACTIVITY.  Full Article

Italy's A2A still studying Ascopiave bid, non-binding bids due by April 15
Wednesday, 3 Apr 2019 

April 3 (Reuters) - A2A SpA chairman says::STILL STUDYING BID FOR REGIONAL UTILITY ASCOPIAVE.NON-BINDING BIDS FOR ASCOPIAVE ARE DUE BY 15 APRIL.  Full Article

Ascopiave FY Net Profit Down At EUR 44.6 Mln
Monday, 11 Mar 2019 

March 11 (Reuters) - Ascopiave SpA ::RECOMMENDS DIVIDEND OF EUR 0.125 PER SHARE.FY REVENUE EUR 581.7 MILLION VERSUS EUR 532.8 MILLION YEAR AGO.FY NET PROFIT EUR 44.6 MILLION VERSUS EUR 47.1 MILLION YEAR AGO.TARIFF ADJUSTMENT FOR 2019 IS DEFINED AND SHOULD ENSURE REVENUES SUBSTANTIALLY IN LINE WITH 2018.  Full Article

Ascopiave: Shareholders Representing 26.8 Pct Of Parent Co Exercise Withdrawal Right
Monday, 13 Aug 2018 

Aug 14 (Reuters) - Ascopiave parent company Asco Holding: :SAID ON MONDAY THAT ON AUG. 10 THE PERIOD TO EXERCISE THE RIGHT OF WITHDRAWAL ENDED.RIGHT OF WITHDRAWAL HAS BEEN EXERCISED ON 37.5 MLN SHARES, REPRESENTING 26.8 PCT OF ASCO HOLDING AND AMOUNTING TO EUR 140.5 MLN.WITHDRAWAL TO BE SETTLED FOR 14.0 PCT OF ASCO HOLDING CASH AND FOR 12.80 PCT IN SHARES OF UNIT ASCOPIAVE.TO OFFER 12.6 MLN OF THE SHARES WHICH WERE SUBJECT TO WITHDRAWAL IN A RIGHTS ISSUE TO ASCO HOLDING SHAREHOLDERS.SHAREHOLDERS WHICH EXERCISED WITHDRAWAL RIGHT ON 24.9 MLN SHARES CHALLENGED THE LIQUIDATION VALUE.WITHDRAWAL RIGHT WAS GIVEN TO SHAREHOLDERS WHO DID NOT APPROVE THE AMENDMENTS TO CORPORATE GOVERNANCE ON JULY 23.GOVERNANCE AMENDMENTS INCLUDE THE EXTENSION OF THE COMPANY'S DURATION AND THE INTRODUCTION OF A THRESHOLD FOR SHARE CIRCULATION.  Full Article

Ascopiave Reaches Agreement To End Employment Of General Manager Gumirato By Mutual Agreement
Wednesday, 8 Aug 2018 

Aug 9 (Reuters) - Ascopiave SpA ::SAID ON WEDNESDAY THAT IT HAS REACHED AN AGREEMENT WITH GENERAL MANAGER ROBERTO GUMIRATO FOR TERMINATION BY MUTUAL CONSENT OF HIS EMPLOYMENT.TERMINATION OF EMPLOYMENT IS EFFECTIVE AS OF NOV 15.  Full Article

Ascopiave H1 Net Profit Down At Eur 28.5 Mln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Ascopiave SpA ::H1 REVENUE EUR 310.6 MILLION VERSUS EUR 297.5 MILLION YEAR AGO.H1 NET PROFIT EUR 28.5 MILLION VERSUS EUR 29.2 MILLION YEAR AGO.TARIFF REGULATION FOR FY 2018 SHOULD ENSURE REVENUES SUBSTANTIALLY IN LINE WITH 2017.THE POSITIVE MARGIN ACHIEVED IN 2017 (€ 3,6 MILLION) MIGHT NOT BE REPEATED IN 2018.  Full Article

Italy - Factors to watch on Aug. 6

The following factors could affect Italian markets on Tuesday.