Iren SpA (MIL:IRE)
€ 1.819 -0.01 (-0.55%) Market Cap: 2.33 Bil Enterprise Value: 2.54 Bil PE Ratio: 9.73 PB Ratio: 0.79 GF Score: 80/100

Q3 2022 Iren SpA Earnings Call Transcript

Nov 03, 2022 / 02:30PM GMT
Release Date Price: €1.49 (-1.78%)
Operator

Good day, and thank you for standing by. Welcome to the Iren 9 Months 2022 Results and Webcast. (Operator Instructions) Please note that today's conference is being recorded.

I would now like to hand over to your first speaker, Mr. Giulio Domma, Head of Investor Relations. Please go ahead, sir.

Giulio Domma;Head of Investor Relations

Welcome. Welcome, everybody, and thanks for attending our 9 months conference call. As usual, first, the presentation will be given by the CEO, Mr. Armani; and the CFO, Ms. Anna Tanganelli. Then, the Q&A session will follow.

Gianni, the floor is yours.

Gianni Vittorio Armani
Iren SpA - CEO, GM & Director

Thank you very much, Giulio, and good afternoon, everybody.

Starting on Page 2, we would like to show the main highlights of the last 9 months results. EBITDA increased by 4% year-on-year, thanks mainly to the development of renewable business and the contribution of waste treatment business. Almost EUR 1.1 billion of gross investments, 1

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