4 articles
Italgas agreed to acquire a 22.5% stake in Portuguese gas distributor Floene for approximately €120 million. The transaction requires regulatory approval and aims to support long-term development of t
Europe's largest gas distributor Italgas reported a 25% year-on-year increase in core earnings for the first half of 2026, driven by efficiency gains from acquiring rival 2i Rete Gas. The company post
Italgas announced a €13 billion investment plan through 2032 to expand AI usage and operations in Italy, targeting €280 million in efficiencies and 8.4% annual earnings growth.
Italgas raised its 2026 adjusted net profit guidance to €0.74-0.76 billion following a 43% Q1 profit increase, driven by synergies from the 2i Rete Gas acquisition and AI adoption.
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