Company Iren SpA

Equities

IRE

IT0003027817

Multiline Utilities

Market Closed - Borsa Italiana 11:44:59 2024-06-10 am EDT 5-day change 1st Jan Change
1.922 EUR +0.21% Intraday chart for Iren SpA +0.10% -2.58%

Business Summary

Iren SpA is an Italy-based holding company active in the utilities industry. The Company is engaged in the sector of electricity, thermal energy for district heating and gas, and in the management of integrated water services, environmental services and technological services. The Company is responsible for strategic, development, coordination and control activities, while the four Business Units have been entrusted with the coordination and direction of the companies operating in their respective sectors: Networks, which works in the areas of integrated water cycle, gas distribution and electricity distribution; Waste Management, which carries out waste collection, urban hygiene, treatment and disposal activities; Energy, operating in the sectors of electric and thermal energy production, district heating, energy efficiency and technological services, public lighting and traffic light networks; Market, active in the sale of electricity, gas and heat for district heating, among others.

Number of employees: 11,004

Sales per Business

EUR in Million2022Weight2023Weight Delta
Market
63.0 %
5,396 68.6 % 4,090 63.0 % -24.20%
Energy
49.5 %
4,394 55.9 % 3,215 49.5 % -26.83%
Not Allocatable
-49.2 %
-4,174 -53.1 % -3,191 -49.2 % -23.55%
Environment
18.4 %
1,089 13.8 % 1,193 18.4 % +9.55%
Networks
17.7 %
1,130 14.4 % 1,151 17.7 % +1.86%
Other Services
0.5 %
29 0.4 % 32 0.5 % +10.34%

Sales per region

EUR in Million2022Weight2023Weight Delta
Italy
100.0 %
7,863 100.0 % 6,490 100.0 % -17.46%

Managers

Managers TitleAgeSince
Director of Finance/CFO - Nov. 30
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 16-06-11
Director/Board Member 54 19-04-30
Director/Board Member 50 22-06-20
Director/Board Member 50 22-06-20
Director/Board Member 68 22-06-20
Director/Board Member 48 19-05-29
Director/Board Member 45 19-05-29
Director/Board Member 55 22-06-20
Director/Board Member - 22-06-20
Director/Board Member 58 22-06-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,300,931,377 613,876,631 ( 47.19 %) 17,855,645 ( 1.373 %) 47.19 %

Shareholders

NameEquities%Valuation
City of Genoa
18.85 %
245,249,617 18.85 % 494 M €
City of Turin
13.80 %
179,567,795 13.80 % 362 M €
City of Reggio Emilia
6.423 %
83,559,569 6.423 % 168 M €
Compagnia di San Paolo
3.849 %
50,070,711 3.849 % 101 M €
Metro Holding Torino Srl
3.178 %
41,343,597 3.178 % 83 M €
City of Parma
3.164 %
41,158,566 3.164 % 83 M €
Norges Bank Investment Management
1.835 %
23,866,898 1.835 % 48 M €
Equiter SpA
1.499 %
19,494,638 1.499 % 39 M €
IREN SPA
1.373 %
17,855,645 1.373 % 36 M €
City of Piacenza
1.372 %
17,846,547 1.372 % 36 M €
NameEquities%Valuation
Generali Investments Partners SpA SGR
-
0 - - €
Eurizon Capital SGR SpA
-
0 - - €

Holdings

NameEquities%Valuation
17,855,645 1.37% 36,616,571 $

Company contact information

Iren SpA

Via Nubi di Magellano, 30

42123, Reggio Emilia

+

http://irenmercato.it
address Iren SpA(IRE)

Group companies

NameCategory and Sector
Water Utilities
Alternative Power Generation
Electric Utilities
T.B. SpA
Environmental Services

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.922 EUR
Average target price
2.238 EUR
Spread / Average Target
+16.42%
Consensus

Quarterly revenue - Rate of surprise