ACEA SpA (OTCPK:ACEJF)

$ 19.18 0 (0%) Market Cap: 4.06 Bil Enterprise Value: 10.02 Bil PE Ratio: 10.70 PB Ratio: 1.60 GF Score: 66/100

Half Year 2019 Acea SpA Earnings Call Transcript

Jul 31, 2019 / 02:30PM GMT

Release Date Price: $9.83

Transcript

Operator

Welcome to ACEA's First Half 2019 results. (Operator Instructions) Now I would like to leave the floor to Mrs. Elvira Angrisani, Investor Relations Manager at ACEA. To you, please.

Elvira Angrisani

ACEA S.p.A. - Former Manager of IR

Thank you. Thank you for being connected to ACEA's first half 2019 results. Mr. Donnarumma, CEO of the company, will illustrate the results, and then it will be possible to open the Q&A session together with Mr. Gola, the CFO, and Mr. Donnarumma, of course. To you the floor, Stefano Donnarumma.

Stefano Antonio Donnarumma

ACEA S.p.A. - Former CEO & MD

Good afternoon, everybody, ladies and gentlemen. I, as usual, introduce the main topic, I would say that, following the presentation on Page 2, we can actually show you improved results, significant improvements, in fact, EBITDA EUR 503 million in the first half with -- plus 12% versus the first half of last year.

EBIT EUR 260 million, plus 4%. And CapEx grew as forecasted in our business plan by about 21% versus the first

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