Hera SpA (CHIX:HERm)
€ 3.907 -0.014 (-0.36%) Market Cap: 5.66 Bil Enterprise Value: 4.13 Bil PE Ratio: 11.17 PB Ratio: 1.46 GF Score: 83/100

Q4 2024 Hera SpA Earnings Call Transcript

Mar 26, 2025 / 02:30 PM GMT
Release Date Price: €3.89

Key Points

Positve
  • Hera SpA (HRASF) reported the biggest growth in profit in the company's history, with a net profit increase of EUR 98 million, representing a 29% year-on-year growth.
  • The company achieved a constant growth in EBITA, with an increase of EUR 93 million compared to the previous year.
  • Hera SpA (HRASF) demonstrated strong cash generation, with an operating cash flow of EUR 1.148 billion, an increase of EUR 210 million from the previous year.
  • The waste business showed a 4% EBIT growth, driven by organic development and strategic acquisitions, contributing to a resilient performance despite a slowdown in industrial production.
  • The networks business experienced double-digit growth, with an 11% increase in EBITA, supported by investments in technology, innovation, and digitization.
Negative
  • The company faced a reduction in gas customers by slightly less than 100,000, although this was offset by an increase in electricity customers.
  • There is a potential challenge in the electricity supply business for 2025 due to the full impact on clients moving from the major to telemarket.
  • Hera SpA (HRASF) anticipates a normalization of opportunities that previously boosted growth, such as the expiry of the super eco bonus.
  • The company expects a slight decline in urban waste due to the floods in 2023, which impacted waste collection volumes.
  • Increased competition in the supply business could lead to higher pressure on margins, although this has not yet been reflected in the Q4 results.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HRA.MI - Hera SpA
Q4 2024 Hera SpA Earnings Call
Mar 26, 2025 / 02:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon everybody. My name is Jens Hansen. I'm the investor relator for Hera Group.

Welcome to Our presentation for the financial year 2024.

We apologize for the delay, but our board meeting only ended 10 minutes ago, and I'd like to give the floor to our executive Chairman, Christian Fari, who will begin the presentation.

Thank you and good afternoon, everybody. I also want to apologize for the 15 minute delay, but we had several items. On our agenda.

Meaning that we were slightly delayed.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
We will.

----
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot