A SOUND START OF THE YEAR, WITH RESULTS FULLY IN LINE WITH THE 2026 GUIDANCE DISCLOSED TO THE MARKET

1Q2026 RESULTS
 

• Investments: growth to €302m (+15% versus 1Q2025), focused on regulated businesses (representing 89% of net capex).
• Proforma EBITDA: €342m, +1% versus 1Q2025 (recurring proforma EBITDA €344m, +4%, approximately 95% of regulated businesses²).
• Net profit €111m, +13% versus 1Q2025 (recurring net profit €82m, +14%)
• Proforma Net Debt/LTM EBITDA stands at 3.31x, essentially stable compared with 31 December 2025 (3.27x).

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• Water: major infrastructure projects are moving ahead, in keeping with our objectives concerning grid resilience and creation of value for the areas served.
• Electricity: the sale of Acea Energia has been completed, in line with our strategy of streamlining and focus on regulated businesses.
• Environment: work is proceeding on the development of Rome’s waste-to-energy project, alongside investments aimed at upgrading and modernising the plants.

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Today’s meeting of the Board of Directors of Acea, chaired by Barbara Marinali, has approved the Interim Report for the three months ended 31 March 2026.

Acea’s Chief Executive Officer, Fabrizio Palermo, commented: “The results achieved during the quarter support the growth trajectory outlined in the Business Plan. The soundness of our financial structure and consolidation of the regulated businesses allow us to confirm our 2026 guidance. The company remains committed to operational efficiency and sustainable growth with a view to generating tangible value for the communities and for all our stakeholders, also thanks to the increase in infrastructure investments”.

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