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.


Source: Cofisem - Last Update: 2024-02-20

Key Executives
Chief Executive Officer Paolo Gallo
Chief Financial Officer Gianfranco Amoroso
Chief Human Resources Officer Peter Durante
Director of Sustainable Development Chiara Ganz
Strategy Director Lorenzo Romeo
Chief Investor Relations Officer 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: 2024-02-20

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: 2024-02-20

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Quotazioni, Book, Dividendi, Documenti Societari, Corporate Governance, Internal Dealing di Italgas


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