Italgas 9M 2026 adjusted net profit rises 18% year over year to €585.5 million
Bitget2026/10/29 15:03- Italgas’ adjusted net profit rose 18% year over year to €585.5 million in 9M 2026, supported by operating performance and perimeter changes.
- Adjusted total revenues increased 10% to €1.98 billion, driven by organic growth in gas distribution and perimeter changes.
- Adjusted operating costs fell 12% to €380.3 million, with like-for-like efficiencies more than offsetting additional consolidation costs.
- A binding agreement provides for acquiring a 22.5% stake in Portuguese gas distributor Floene for approximately €120 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jensen Huang's influence surpasses that of Nvidia— and that's exactly the problem
Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Crypto prices
More
