Terna S.p.A. Unsponsored ADR ( (TEZNY) ) has released its Q2 earnings. Here is a breakdown of the information Terna S.p.A. Unsponsored ADR presented to its investors.
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Terna S.p.A. is a leading Italian electricity transmission system operator, primarily engaged in managing the national high-voltage electricity grid and facilitating the energy transition. The company operates in the utilities sector and is known for its strategic infrastructure investments and commitment to sustainability.
In the first half of 2025, Terna reported significant growth in its financial metrics, driven by record-high capital expenditure aimed at enhancing the national electricity system and supporting the energy transition. The company’s revenue, EBITDA, and net profit all showed substantial increases compared to the same period in 2024.
Key financial highlights include an 8% rise in revenue to €1,894.2 million, an 8.2% increase in EBITDA to €1,359.8 million, and a 7.9% growth in net profit to €587.7 million. Capital expenditure reached €1,319.3 million, marking a 26.6% increase year-over-year. The company also announced strategic initiatives, including new infrastructure projects and collaborations aimed at digital transformation and innovation.
Terna’s management expressed confidence in the company’s strategic direction, emphasizing the importance of its investments in network infrastructure for national energy security and decarbonization. The company continues to focus on its 2024-2028 Industrial Plan, with a strong emphasis on integrating renewable energy sources and enhancing grid resilience.
Looking ahead, Terna remains committed to its investment strategy, with a focus on achieving European energy objectives and maintaining a sustainable financial structure. The company expects to continue its growth trajectory while navigating potential economic and geopolitical challenges.