Consolidated Financial Statements 2024

Consolidated Financial Statements 2024

Letter to Shareholders

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L’Amministratore Delegato e Direttore Generale  Fabrizio Palermo e  La Presidente  Barbara Marinali

Barbara Marinali, Chairperson, and Fabrizio Palermo, Chief Executive Officer and General Manager

Dear Shareholders,

2024 was characterised by continued uncertainty as a result of ongoing geopolitical tensions and expectations regarding US trade policies, as well as an increase in extreme weather events

In this challenging and ever-changing scenario, Acea approved the “Green Diligent Growth” Business Plan, which aims to strengthen the Group’s position as a leading infrastructure operator focused on regulated businesses. 

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Financial Highlights

Growth Beyond Expectations

Our 2024 results exceeded forecasts, reflecting our ability to invest in infrastructure and generate value — with a growing dividend for our stakeholders. 

4270 € mln

-8% vs 2023

Consolidated revenue

1557 € mln

+12% vs 2013

EBITDA

332 € mln

+18% vs 2023

Group net profit (after non-controlling interests)

0.95

+8% vs 2023

DPS

1439 € mln

+26% vs 2023

Gross investments

Our Year at a Glance

All Our Results

Sustainability Highlights

Innovative and Sustainable Infrastructure

Our infrastructure grows alongside the communities we serve. 
Water, energy, environment: for 115 years, we've been turning change into value.

> 60 %

of the Group’s energy production from renewable sources (~600 GWh)

3.4 Mmc

of recycled and reused water

625.5 Mmc

of drinking water output from the Group’s aqueduct system

> 230 thousand

of staff training provided

~ 15 thousand

site safety inspection interventions

Discover How We're Committed to Sustainability

The Highlights of Our Report

2024: Our Best Year Ever

What Development Means to Us

We Create Value for People

Profile

Infrastructure, Innovation, and Sustainability:
Creating Value for Local Communities

We turn energy, water, and environmental resources into value for the communities we serve. 
Listed on the stock exchange since 1999, we continue to grow with an operational model that combines innovation and sustainability. We strengthen water networks, make the power grid more resilient, and invest in renewable energy and the circular economy. We build the future through solid, sustainable infrastructure.

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Acqua

Water

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Reti e Illuminazione pubblica

Networks & Public Lighting

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Ambiente

Environment

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Produzione

Production

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Commerciale

Commercial

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Engineering

Engineering & Infrastructure Projects

Our Activities and Development Strategy