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Italgas S.p.A. (0RK1.IL)

IOB - IOB Delayed price. Currency in EUR
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4.8490-0.0515 (-1.05%)
At close: 04:45PM BST
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Previous close4.9005
Bid4.6080 x 0
Ask5.0900 x 0
Day's range4.8320 - 4.9120
52-week range4.5200 - 6.0750
Avg. volume135,319
Market cap4.26B
Beta (5Y monthly)0.52
PE ratio (TTM)9.15
Earnings dateN/A
Forward dividend & yield0.32 (6.54%)
Ex-dividend date22 May 2023
1y target estN/A
  • Reuters

    Italgas reports 18% rise in H1 core profit

    Italy's biggest gas distributor Italgas said on Tuesday its core profit rose 18% to 607 million euros ($670 million) in the first half driven by growth at the group's energy efficiency business. The good performance at Italgas non-regulated business more than offset an increase in net financial expenses, which almost doubled to 45 million euros.

  • Reuters

    Italgas to invest $8 billion by 2029, investors unimpressed

    Italgas, Italy's biggest gas distributor, unveiled plans on Thursday to invest 7.8 billion euro ($8 billion) in its business by 2029, but its shares slipped as some analysts were unimpressed by earnings projections and dividend plans. The company said the money, little changed from the 7.9 billion euros announced last year for 2022-2028, would modernise its network, strengthen its new Greek unit and expand its water and energy efficiency businesses. Speaking in London, CEO Paolo Gallo said he was surprised by the market reaction.

  • Reuters

    Italgas Q1 results boosted by Greek acquisition

    Italy's biggest gas distributor Italgas said on Thursday its core profit rose 19% to 297 million euros ($328 million) in the first quarter, lifted by both a newly acquired Greek business and its energy efficiency services. Italgas finalised the acquisition of Greek gas grid operator DEPA Infrastructure last year and will announce on June 14 its updated plans for investments of the group and its new unit.