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Iren Announces 2026-2035 Business Plan With €10.40 Bln Investment Programme

By Reuters News

Oct 27 (Reuters) - Iren S.p.A. IREE.MI:

  • ANNOUNCES 2026-2035 BUSINESS PLAN WITH €10.40 BILLION INVESTMENT PROGRAMME

  • EBITDA EXPECTED TO REACH €1.95 BILLION BY 2035, UP €600 MILLION FROM 2025

  • GROUP NET PROFIT EXPECTED TO REACH €550 MILLION BY 2035

  • SEES IN 2028 EBITDA AT €1.5 BILLION

  • SEES IN 2028 NET PROFIT AT €335 MILLION

  • INVESTMENT PLAN SUPPORTS MARGIN GROWTH THROUGHOUT PLAN PERIOD, WITH AVERAGE ANNUAL EBITDA INCREASE OF 4% BOTH IN 2030 AND 2035

  • DIVIDEND POLICY ANNOUNCED LAST YEAR CONFIRMED, WITH DIVIDEND INCREASE OF +8% UNTIL 2027 AND +6% FROM 2028 TO 2030.

Further company coverage: IREE.MI

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