Company Profile
Italgas S.p.A. specializes in the distribution of natural gas. Net sales break down by activity as follows:
- distribution of natural gas (84.4%): 8.5 billion m3 distributed in 2022. At the end of 2022, the group operated a distribution network of 81,309.3 km;
- other (15.6%): primarily water and heat distribution, engineering, technical assistance, etc.
- distribution of natural gas (84.4%): 8.5 billion m3 distributed in 2022. At the end of 2022, the group operated a distribution network of 81,309.3 km;
- other (15.6%): primarily water and heat distribution, engineering, technical assistance, etc.
Source: Cofisem - Last Update: 2023-08-31
Key Executives
| Chief Executive Officer | Paolo Gallo |
| Chief Financial Officer | Gianfranco Amoroso |
| Chief Human Resources Officer | Peter Durante |
| Director of Sustainable Development | Chiara Ganz |
| Chief Strategy Officer | Lorenzo Romeo |
| Investor Relations Director | Anna Maria Scaglia |
Source: Cofisem - Last Update: 2023-08-07
Key Figures
| Millenium | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Net sales | 2,183,000 | 2,098,000 | 2,058,000 | 1,820,000 | 1,641,000 |
| Income from ordinary activities | 2,313,000 | 2,163,000 | 2,127,000 | 1,893,000 | 1,641,000 |
| Operating income | 641,000 | 583,000 | 605,000 | 516,000 | 453,000 |
| Cost of financial indebtedness net | 59,000 | 63,000 | 54,000 | 68,000 | 48,000 |
| Equity-accounted companies contribution to income | 3,000 | 2,000 | 2,000 | 101,000 | 22,000 |
| Net profit from discontinued activities | |||||
| Net income | 436,000 | 384,000 | 406,000 | 423,000 | 314,000 |
| Net income (Group share) | 407,000 | 363,000 | 385,000 | 417,000 | 314,000 |
| Fiscal year end | 12.22 | 12.21 | 12.2 | 12.19 | 12.18 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards |
Source: Cofisem - Last Update: 2023-08-31
Shareholder information
| Other shareholders | 37.5 % |
| CDP Reti S.p.A. | 26 % |
| Snam S.p.A. | 13.5 % |
| Lazard Asset Management LLC | 9.8 % |
| Romano Minozzi | 4.2 % |
| Crédit Agricole S.A. | 3.9 % |
| BlackRock, Inc. | 3.7 % |
| Bank of Italy | 1.4 % |
Source: Cofisem - Last Update: 2023-08-31
Address
Italgas S.p.A.
Via Carlo Bo 11
IT-20143 Milano, Lombardia
Italy
https://www.italgas.it/en/investors/
Source: Cofisem - Last Update: 2023-08-31
Contact
Anna Maria Scaglia
Phone number: +39 02 81872175
annamaria.scaglia@italgas.it
Phone number: +39 02 81872175
annamaria.scaglia@italgas.it
Source: Italgas S.p.A. - Last Update: 2023-08-31
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