Terna S.p.A. Unsponsored ADR ( (TEZNY) ) has released its Q4 earnings. Here is a breakdown of the information Terna S.p.A. Unsponsored ADR presented to its investors.
Terna S.p.A. Unsponsored ADR is a leading Italian company in the energy sector, focusing on the development and management of electricity transmission networks. The company is known for its commitment to sustainability and innovation in energy transition and digital transformation.
Terna has recently approved its 2024-2028 Industrial Plan Update, which outlines a significant increase in investments, totaling €17.7 billion over five years. This plan emphasizes sustainable infrastructure development, integration of renewable energy sources, and enhancing interconnections with foreign countries.
In 2024, Terna achieved record investments of €2.7 billion, marking a 17.6% increase from the previous year. The company’s revenues grew by 15.5% to €3,680.2 million, while EBITDA rose by 18.3% to €2,566.4 million. The Group’s net profit also saw a substantial increase of 19.9% to €1,061.9 million. Significant projects such as the Adriatic Link and Elmed were authorized, supporting Italy’s energy transition and security.
Looking ahead, Terna aims to continue its role as a key enabler of Italy’s energy transition, with plans to invest heavily in both regulated and non-regulated activities. The company projects its EBITDA to reach €3.36 billion by 2028, with a focus on enhancing the national electricity grid’s efficiency, resilience, and digital capabilities.
Terna’s management remains optimistic about the future, with a strong commitment to sustainability and innovation. The company plans to maintain a solid capital structure and attractive dividend policy while pursuing its strategic objectives in energy transition and digital transformation.