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A2A Updates Strategic Plan with Increased Investments

A2A's updated strategic plan focuses on growth in renewable energy and waste treatment, with increased investments and a higher dividend target.

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Italian

Kosovo

Energy SecurityInvestmentSustainabilityEnergyGrowthDividends

A2AEuronext Milan

Renato Mazzoncini

How does A2A plan to fund its increased investments?: The company expects to increase its annual investments from an average of €0.8 billion in 2018-2020 to €1.8 billion in 2031-2035. This increased investment will be focused on future-fit businesses.
What is the new dividend policy for A2A shareholders?: A2A's new dividend policy anticipates sustainable annual dividend growth of at least 4%, up from the previous 3% target. This is supported by the company's strong financial position and growth strategy.
What are the key investment targets outlined in A2A's updated plan?: The updated plan includes increased investments in renewable energy sources and waste treatment. A2A aims to reach 5.7 GW of renewable energy capacity and treat over 7 million tons of waste by 2035.
What is the main focus of A2A's updated strategic plan for 2024-2035?: A2A, an Italian multi-utility company, has approved an updated strategic plan for 2024-2035. The plan maintains the group's industrial growth objectives, including €22 billion in investments and targets of €3.3 billion EBITDA and over €1 billion net profit by 2035.
What are the key strategic goals that CEO Renato Mazzoncini emphasizes?: CEO Renato Mazzoncini highlighted the plan's alignment with the Draghi Report for boosting European competitiveness and A2A's commitment to supporting Italy's energy independence. He also announced plans for employee share ownership.

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