Results for First Half 2020 show an upward trend
Growth in investments above all as regards regulated businesses
Standard Ethics raises Acea’s sustainability rating Outlook from “Stable” to “Positive”

• EBITDA €569 million (+13% compared to 1H 2019)
• EBIT €277 million (+7% compared to 1H 2019)
• Group net profit €144 million (+1% compared to 1H 2019)
• Investments €411 million (+20% compared to 1H 2019)
• Net debt €3,528 million (€3,063 million at 31 December 2019)

Upward revision of EBITDA guidance:
● over 8% growth in EBITDA compared to 2019;
● investments confirmed basically in line with 2019 and with the 2019-2022 Business
Plan;
● net debt, at the end of 2020, confirmed between 3.45 billion Euro and 3.55 billion
Euro.

The Board of Directors of Acea, chaired by Michaela Castelli, has approved the Half-Year Financial Report for the six months ended 30 June 2020.

To read more download the attached pdf.