Iren S.p.A. ( (IT:IRE) ) just unveiled an update.
Iren S.p.A. reported strong financial results for 2024, with a 6.5% increase in EBITDA and a 5% rise in net profit, driven by both organic growth and strategic acquisitions. The company emphasized its commitment to sustainability, with 76% of investments directed towards sustainable projects and a significant reduction in carbon intensity, while also proposing an 8% dividend increase, reflecting its robust performance and future growth potential.
More about Iren S.p.A.
Iren S.p.A. operates in the utilities sector, focusing on energy, integrated water services, and environmental services. The company is committed to sustainability, investing heavily in renewable energy and waste management, and aims to enhance its market presence through strategic acquisitions.
YTD Price Performance: 15.48%
Average Trading Volume: 8,356
Technical Sentiment Signal: Sell
Current Market Cap: €2.84B
See more insights into IRE stock on TipRanks’ Stock Analysis page.