Economic results

Industrial areas

Acea’s macrostructure is based around the corporate functions and seven industrial areas – Environment, Commercial and Trading, Water, Energy Infrastructure, Engineering and Services and Overseas.

Water

The Acea Group is the top Italian operator in the water sector serving 9 million people. The Group manages the integrated water service in Rome and Frosinone and in the respective provinces, as well as in other parts of Lazio, in Tuscany, Umbria, Campania and Molise. The Group is also present in Abruzzo as it has entered the natural gas distribution market in the Municipality of Pescara and in the province of L’Aquila.

NUMBER ONE OPERATOR IN ITALY

  • About 9 mln residents served and 1,360 mln cubic meters of water supplied annually
  • About 59,100 km of drinking water supply network and 23,900 km of sewer network managed
  • Management of the entire integrated water cycle supply chain, from collection of water through to its return to the environment
  • Design, construction and operation of distribution plants and networks using innovative technologies
  • Focus on the protection of water and sustainability

Energy Infrastructure

The Acea Group is a major operator in Italy with about 9 TWh of electricity distributed in Rome. The Group also manages the public and artistic lighting of the capital for a total of more than 227,600 lights. The ACEA Group is committed to energy efficiency projects and the development of new technologies, such as smart grids and electric mobility, through particularly innovative pilot projects.

ONE OF THE LEADING OPERATORS IN ITALY

  • Electricity distributed: 9.172 TWh in the city of Roma and surroundings municipalities (Formello, Fiumicino and others)
  • Energy supplied in areti network: 9.83 TWh
  • Management of public and artistic lighting: 201,215 lights

Generation

The Acea Group is one of the main national operators in the field of generation from renewable sources and is involved in energy efficiency projects and energy solutions in the business segment.
It is particularly focused on finding innovative approaches to managing production assets and implementing new production capacity that reduces the Group's carbon footprint.

ONE OF THE LEADING OPERATORS IN ITALY

  • Energy efficiency projects
  • Hydroelectric power stations: 121 MW
  • Thermoelectric plants: 107 MW
  • Photovoltaic plants: 72.5 MWp
  • Photovoltaic plants under development: 800 MW

*** al netto degli investimenti legati alle attività da dismettere. 

Commercial and Trading

The Acea Group is one of the leading Italian players in the sale of electricity and offers innovative and flexible solutions for the supply of electricity and natural gas with the objective of consolidating its positioning as a dual fuel operator. It operates on the market segments of medium-sized enterprises and households with the objective of improving the quality of the services offered with particular regard to web and social channels. It supervises the Group's energy management policies. The Segment also has the objective of developing and searching for innovations and start–ups to launch testing projects in the technological field.

ONE OF THE LEADING OPERATORS IN ITALY

  • Electricity sold: 8.3 TWh
  • Free market customers: 0.49 mln
  • Protected market customers: 0.70 mln
  • Gas customers: 0.23 mln

Overseas

The Acea Group manages water activities in Latin America and its objective is to make the most of development opportunities in other businesses related to those already held in Italy.
It is present in Honduras, Dominican Republic and Peru, serving approximately 10 million people. The activities are carried out in partnership with local and international partners, including through staff training and the transfer of know-how to local entrepreneurs.

  • Water management in Latin America

Environment

The Acea Group is one of the leading national players in Italy with nearly 1.52 million tonnes of waste managed each year. At the various treatment and disposal plants operated in seven regions there is a main waste-to-energy plant and the largest anaerobic digestion and composting plant in Lazio region. The Group pays particular attention to the development of investments in the waste-to-energy and waste-recycling business, which is considered to have high potential, in line with the strategic objective of environmental and energy enhancement of waste, as well as its recovery and recycling in the plastics, paper and metals sectors and in the production of high-quality compost.

ONE OF THE LEADING OPERATORS IN ITALY

  • Umbria, Latium, Tuscany, Piedmont, Valle d’Aosta, Veneto, Marche and Abruzzo
  • Wate managed: 1.52 mln tons
  • Electric energy transferred (WTE): 328 GWh
  • Electric energy produced: 388 GWh

Engineering and services

The Acea Group has developed know-how at the forefront in the design, construction and management of integrated water systems: from the source to the pipelines, from distribution to the sewer network, and treatment. It develops applied research projects aimed at technological innovation in the water, environmental and energy sectors. Laboratory and engineering consultancy services are of particular importance. The Acea Group is also engaged in the design and creation of plants for the environment and for the treatment of water and waste.

  • Laboratory analyses of drinking water: 444,838
  • Laboratory analyses of wastewater: 193,107
  • Worksite inspections: 15,577

Economic results by segment

The results by segment are shown on the basis of the approach used by the management to monitor Group performance in the financial years compared in observance of IFRS 8 accounting standards. Note that the results of the “Other” segment include those deriving from Acea corporate activities as well as inter-sectoral adjustments .

  ENVIRONMENT Commercial 
AND Trading
OVERSEAS WATER GeneraTION Energy
infrastructure
Engineering
and services
OTHER CONSOLIDATED
TOTAL

€ million                          31.12.2021

 

 

 

 

 

Areti

IP

adjustments

Total

 

Corporate

Consolidation
adjustments

 

Revenues

235

2,078

77

1,238

126

585

41

0

626

112

140

(639)

3,993

Costs

171

1.998

50

583

47

210

44

0

254

95

179

(639)

2,737

EBITDA

64

81

27

655

80

375

(3)

0

372

17

(39)

0

1,256

Depreciation/amortisation and impairment losses

31

66

11

348

30

152

2

0

154

7

28

0

675

Operating profit/(loss)

33

15

16

308

49

222

(5)

0

217

11

(67)

0

581

Capex

36

49

5

522

39

271

4

0

275

10

34

0

970

The revenues in the above table include the condensed result of equity investments (of a non-financial nature) consolidated using the equity method, as well as results from equity investments in the gas distribution segment in Abruzzo.

  ENVIRONMENT Commercial 
AND Trading
OVERSEAS WATER GeneraTION Energy
infrastructure
Engineering
and services
OTHER CONSOLIDATED
TOTAL

€ million                          31.12.2021

         

Areti

IP

adjustments

Total

 

Corporate

Consolidation
adjustments

 

Revenues

200 1,585 62 1,208 79 577 41 0 619 89 131 (571) 3,403

Costs

150 1,513 37 594 34 208 43 0 251 74 166 (571) 2,247

EBITDA

50 72 25 614 45 370 (2) 0 368 15 (35) 0 1,155

Depreciation/amortisation and impairment losses

31 61 13 304 27 156 2 0 158 4 21 0 620

Operating profit/(loss)

19 12 12 310 18 213 (4) 0 209 10 (56) 0 535

Capex

24 44 3 476 39 282 4 0 286 7 28 0 907

 

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