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

IOB - IOB Delayed price. Currency in EUR
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5.18+0.04 (+0.71%)
As of 12:20PM GMT. Market open.
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Previous close5.15
Open5.20
Bid4.92 x 0
Ask5.44 x 0
Day's range5.18 - 5.22
52-week range4.69 - 6.07
Volume133,570
Avg. volume137,332
Market cap4.252B
Beta (5Y monthly)0.54
PE ratio (TTM)9.78
EPS (TTM)0.53
Earnings dateN/A
Forward dividend & yield0.32 (6.61%)
Ex-dividend date22 May 2023
1y target estN/A
  • Reuters

    Italgas may revise up investments for new water assets

    Italy's biggest gas distributor Italgas may revise up its estimate for future investment in its newly-acquired water business, its CEO said on Wednesday during a post-results conference call. The group finalised earlier this year the purchase of three Italian water businesses from France's Veolia as part of its diversification strategy, in a deal worth up to 115 million euros excluding debt. Speaking with analysts, Italgas CEO Paolo Gallo said the group had already included 300 million euros ($317 million) of gross capital expenditures for the water business in the recent business plan covering 2024-29 period, but a more precise figure would be calculated soon.

  • 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.