Italgas S.p.A. (BIT: IG)

Italy flag Italy · Delayed Price · Currency is EUR
5.37
+0.01 (0.19%)
Dec 23, 2024, 5:35 PM CET
3.47%
Market Cap 4.36B
Revenue (ttm) 2.54B
Net Income (ttm) 477.47M
Shares Out 811.24M
EPS (ttm) 0.59
PE Ratio 9.16
Forward PE 9.20
Dividend 0.35 (6.55%)
Ex-Dividend Date n/a
Volume 1,940,102
Open 5.34
Previous Close 5.36
Day's Range 5.33 - 5.39
52-Week Range 4.57 - 5.91
Beta 0.60
Analysts n/a
Price Target n/a
Earnings Date Mar 7, 2025

About Italgas

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas to households, enterprises, etc. The company operated a distribution network of 81,309 kilometers. It also engages in metering activities; and distributes and sells water. The company was founded in 1837 and is based in Milan, Italy. [Read more]

Sector Utilities
Founded 1837
Employees 4,072
Stock Exchange Borsa Italiana
Ticker Symbol IG
Full Company Profile

Financial Performance

In 2023, Italgas's revenue was 2.61 billion, an increase of 16.21% compared to the previous year's 2.25 billion. Earnings were 439.57 million, an increase of 7.93%.

Financial Statements

News

Italgas: A Strategic Masterstroke In Its Expansion Plan

Closing of the deal with 2i Rete gas paves the road for Italgas as the new largest player in Europe. Read why ITGGF stock is an attractive play right now.

27 days ago - Seeking Alpha

Italgas CEO: We have been showing quarter after quarter our ability to be more efficient

Italgas CEO Paolo Gallo discusses the firm's third-quarter results.

2 months ago - CNBC

Italgas-2i Rete Gas deal will 'create a European champion', Italgas CEO says

Italgas CEO Paolo Gallo discusses the company's acquisition of 2i Rete Gas and the firm's strategic plan between 2024-2030.

2 months ago - CNBC

Italgas Targets €2.8 Billion Profit by 2030 After Buying Rival

Italgas SpA said its new plan targets nearly €3 billion ($3.3 billion) in profit by 2030 after the gas distributor sealed a deal to buy rival 2i Rete Gas.

2 months ago - BNN Bloomberg

Italgas Agrees to Buy Rival 2i Rete Gas in €5.3 Billion Deal

Italy’s Italgas SpA agreed to buy rival 2i Rete Gas in a deal that would transform it into Europe’s biggest gas distribution network operator.

2 months ago - BNN Bloomberg