Hera S.p.A.
HRASF
Other OTC4.10
USD
- -
- -
ISIN
IT0001250932
Return %
Stock
S&P500
1Y
12.64
15.98
3Y
28.53
62.25
5Y
57.09
67.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Orazio Iacono
- Full Time Employees
- 9,832
- Sector
- Utilities
- Industry
- Diversified Utilities
- Address
- Viale Carlo Berti Pichat nr. 2/4 Bologna BO Italy 40127
- IPO Date
- Sep 3, 2021
- Website
- gruppohera.it
- Similar Companies
- Business
- Hera S.p.A. is a leading Italian multi-utility company primarily engaged in the provision of integrated public utility services including the distribution and sale of electricity and gas; management of integrated water services encompassing water supply and wastewater treatment; urban hygiene and waste management including collection, treatment, and recycling; and public lighting and telecommunications services. The company operates mainly in northeastern Italy across four regions and serves approximately 4.7 million electricity and gas customers along with extensive water and waste service customers. Its operations also include the development and management of smart grids and digital meters to enhance efficiency and sustainability. Founded in 2002 through the merger of 11 local multi-utilities, Hera is headquartered in Bologna, Italy. In terms of its product and service portfolio, Hera offers electricity and gas distribution and sales under various subsidiaries; water network design and integrated water cycle management; waste collection, treatment, recovery, and energy-from-waste plants; and energy efficiency solutions in public lighting with over 660,000 lighting points managed. The company also engages in telecommunications and IT security services aligned with smart city solutions. Hera's diversified business model is supported by fully owned and majority stakes in numerous subsidiaries across energy sales, waste services, gas and electricity distribution, and environmental services. Recent major developments include Hera's full acquisition of EstEnergy, increasing its stake to 100%, reinforcing its position as Italy's third-largest operator in the energy sector with a substantial customer base in electricity and gas. The company has also completed a series of mergers and acquisitions, notably consolidating waste management entities such as TRS Ecology and Ambiente Energia, and has increased investments in circular economy projects, digital transformation, and energy efficiency to align with sustainability goals. Hera's board emphasizes growth through both internal synergies and external M&A, alongside technological innovations like SAP's RISE digitalization initiative. The company reported over 30% growth in net profit in 2024 and continues expanding its presence while focusing on carbon neutrality and regional service resilience. Hera S.p.A.'s industry segments include waste management, water services, electricity and gas distribution and sales, and environmental services. It targets municipal, residential, commercial, and industrial customers predominantly in Italy. The company’s widespread operations, strategic acquisitions, and technological advancements position it as a major integrated multi-utility player in the Italian market, contributing to sustainable development and efficient resource management. This comprehensive profile reflects Hera's core activities, geographic focus in Italy, founding year, headquarters location, subsidiaries, and their latest strategic expansions and acquisitions made in the last two years to strengthen its market position and sustainability credentials.
Hera S.p.A. (HRASF) Q1 2026 Earnings Call Transcript