SOUND GROWTH AND ECONOMIC-FINANCIAL PERFORMANCE IN LINE WITH GROUP OBJECTIVES

 

2026 GUIDANCE CONFIRMED

 

* * *

RESOLUTION PASSED TO CONVENE THE EXTRAORDINARY AND ORDINARY SHAREHOLDERS’ MEETING PURSUANT TO ARTICLE 2367 OF THE ITALIAN CIVIL CODE

 

* * *

 

1H2026 RESULTS

·    Investments: €663m (essentially in line with 1H2025), focused on regulated businesses (representing 91% of net capex).

·    Recurring proforma EBITDA €719m, +4% versus 1H2025, approximately 95% of regulated businesses (proforma EBITDA €721m, -2%).

·    Recurring net profit €176m, +16% versus 1H2025. Reported net profit €454m, +101% including the capital gain generated by the sale of Acea Energia.

·    Proforma Net Debt/LTM EBITDA ratio stands at 3.64x (3.27x at 31 December 2025) consistent with 2026 guidance.

 

* * *
 

·    Water: enhanced leadership in the sector through infrastructure investments, technological innovation and territorial expansion, with the consolidation of additional strategic areas.

·    Electricity: the portfolio streamlining process has been completed, with consequent repositioning as regards the regulated businesses.

·    Environment: work is proceeding on the industrial development and plant valorisation projects, with a view to supporting an increasingly efficient and sustainable management of the waste cycle.

***

Today’s meeting of the Board of Directors of Acea, chaired by Alessandro Rivera, has approved the Interim Report for the six months ended 30 June 2026.

 

Acea’s Chief Executive Officer, Fabrizio Palermo, commented: “The results reflect the soundness of our growth path and an economic-financial performance in line with the Group’s objectives, demonstrating the effectiveness of our strategy and the commitment of our people. The confirmation of our 2026 guidance demonstrates Acea’s ability to continue generating value for all stakeholders”.


Download the PDF to read the full text.