A2A S.p.A. announced consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported total revenues of EUR 1,589 million against EUR 6,480 million a year ago. Gross operating income - EBITDA was EUR 328 million against EUR 1,068 million a year ago. Net operating income - EBIT was EUR 178 million against EUR 501 million a year ago. Income before taxes was EUR 140 million against EUR 318 million a year ago. Income after taxes from operating activities was EUR 85 million against EUR 190 million a year ago. Group net profit for the year was EUR 76 million against EUR 260 million a year ago. Total comprehensive income attributable to shareholders of the parent company was EUR 75 million against EUR 201 million a year ago. Cash flow from operating activities was EUR 182 million against EUR 140 million a year ago. Investments in tangible assets were EUR 40 million against EUR 39 million a year ago. Investments in intangible assets and goodwill were EUR 14 million against EUR 20 million a year ago. Consolidated net financial debt as at March 31, 2013 was EUR 4,238 million. The group expected to remain positive on an annual basis due to the effect of the contribution deriving from the consolidation for the entire year of Edipower (seven months in 2012), the forecasts of increase of the hydroelectric production, the growth of the results of the Heat Business and the benefits deriving from the start of the three-year Plan to improve operational efficiency called AXE80.

A2A S.p.A., Q1 2013 Earnings Call, May 07, 2013

A2A S.p.A. announced consolidated and company earnings results for the year ended December 31, 2012. For the year on consolidated basis, the company reported total revenues of EUR 6,480 million against EUR 6,130 million for the same period a year ago. Gross operating income - EBITDA was EUR 1,068 million against EUR 924 million for the same period a year ago.Net operating income - EBIT was EUR 501 million against EUR 298 million for the same period a year ago. Group net profit was EUR 260,000 against group net loss of EUR 423 million for the same period a year ago. Consolidated net financial debt was EUR 4,372 million against EUR 4,021 million for the same period a year ago. Income before taxes was EUR 318 million against EUR 36 million for the same period a year ago. Income after taxes from operating activities was EUR 190 million against loss after taxes from operating activities of EUR 111 million for the same period a year ago. Net profit for the year was EUR 271 million against net loss for the year of EUR 919 million for the same period a year ago. Cash flow from operating activities was EUR 961 million against EUR 371 million for the same period a year ago. Investments in tangible assets were EUR 275 million against EUR 183 million for the same period a year ago. Investments in intangible assets and goodwill were EUR 85 million against EUR 88 million for the same period a year ago. For the year the company reported total revenues of EUR 461,992,132 against EUR 496,744,114 for the same period a year ago. Gross operating income - EBITDA was EUR 124,141,076 against EUR 154,418,394 for the same period a year ago. Gross operating loss - LBIT was EUR 35,983,520 against EUR 1,607,793 for the same period a year ago. Income before tax was EUR 65,288,241 against loss before tax of EUR 516,128,274 for the same period a year ago. Net income for the period was EUR 183,154,840 against net loss for the year of 463,859,473 for the same period a year ago. Cash flow from operating activities was EUR 253,458,782 against EUR 189,815,959 for the same period a year ago. Investments in tangible assets were EUR 54,245,003 against EUR 25,745,266 for the same period a year ago. Investments in intangible assets and goodwill were EUR 23,423,596 against EUR 23,863,717 for the same period a year ago. The management board of the company thus decided to propose to the shareholders' meeting the payment of a dividend of EUR 0.026 per ordinary share for 2013 against EUR 0.013 in 2012, which will be payable on June 27, 2013, ex-dividend date on June 24, 2013 with record date on June 26, 2013.