Italgas, Superbonus impact: revenues drop by 10.1%

MILANO – Whole revenues down 10.1% to 431.3 million euros Italgas within the first quarter. This was introduced by the group which underlines “the impact of the contraction of vitality effectivity actions regarding the so-called Superbonuses”. Regulated revenues for fuel distribution grew by 11.2% to 403.5 million, simply because the gross working margin rose by 9.6% to 325.7 million and the working revenue by 11.7 % at 192.7 million. 13.5% leap in internet revenue to 117.6 million, whereas technical investments dropped from 175.1 to 160.9 million and working money circulate rose from 107.2 to 342.2 million.

Italgas’ internet monetary debt rose from 6.01 to six.45 billion excluding the ‘Ifrs 16’ accounting results and from 6.08 to six.54 billion together with them. ‘Scope 1 and a pair of’ emissions fell by 4% to 23,700 tonnes of C02 equal, whereas internet vitality consumption fell by 14.2% to 147.9 terajoules (Tj).

Regulated revenues from fuel distribution compensated for the decline in “different revenues”, which decreased by 89.3 million euros as a result of discount recorded in vitality effectivity actions (ESCO), due specifically – explains the group – to the depletion of the push of the so-called ‘tremendous bonuses'”.

The corporate then postponed the presentation of the 2024-2030 Strategic Plan which had been set for June twelfth to a later date. The choice – explains the group – was taken following the announcement of the beginning of an unique negotiation interval for the acquisition of 100% of the capital of 2i Rete Gasoline.