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

Italy flag Italy · Delayed Price · Currency is EUR
6.58
+0.01 (0.08%)
Apr 2, 2025, 4:45 PM CET
21.85%
Market Cap 5.35B
Revenue (ttm) 2.50B
Net Income (ttm) 478.85M
Shares Out 811.75M
EPS (ttm) 0.59
PE Ratio 11.17
Forward PE 11.18
Dividend 0.41 (6.17%)
Ex-Dividend Date May 19, 2025
Volume 1,315,959
Average Volume 3,532,096
Open 6.55
Previous Close 6.58
Day's Range 6.53 - 6.59
52-Week Range 4.57 - 6.70
Beta 0.62
RSI 71.78
Earnings Date May 7, 2025

About Italgas

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy, Greece, and Other European Union countries. It operates through Gas distribution, Water Service, and Energy Efficiency segments. The company involved in the transportation of gas to households, enterprises, etc. It also engages in metering activities; and collection, adduction, and distribution of water for civil use, drains, and the purification of wastewater. The company operated a distribution network of 82,034 kilometers and water distributi... [Read more]

Sector Utilities
Founded 1837
Employees 4,339
Stock Exchange Borsa Italiana
Ticker Symbol IG
Full Company Profile

Financial Performance

In 2024, Italgas's revenue was 2.50 billion, a decrease of -4.19% compared to the previous year's 2.61 billion. Earnings were 478.85 million, an increase of 8.94%.

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.

4 months 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.

5 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.

6 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.

6 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.

6 months ago - BNN Bloomberg