Last €10.38 EUR
Change Today +0.03 / 0.29%
Volume 92.4K
ERG On Other Exchanges
Symbol
Exchange
BrsaItaliana
OTC US
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As of 7:41 AM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

erg spa (ERG) Snapshot

Open
€10.43
Previous Close
€10.35
Day High
€10.55
Day Low
€10.19
52 Week High
05/2/14 - €12.13
52 Week Low
12/16/14 - €8.06
Market Cap
1.6B
Average Volume 10 Days
274.9K
EPS TTM
€0.05
Shares Outstanding
150.3M
EX-Date
05/19/14
P/E TM
200.3x
Dividend
€0.50
Dividend Yield
9.63%
Current Stock Chart for ERG SPA (ERG)

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erg spa (ERG) Details

ERG S.p.A., through its subsidiaries, is engaged in the generation of energy from renewable sources and thermoelectric plants; marketing of electricity, steam, and gas; and refining, marketing, and distribution of petroleum products in Italy and internationally. Its Renewable Energy Sources segment generates electricity from renewable sources in France, Bulgaria, Italy, Romania, and Germany. As of December 31, 2013, this segment had 1,340 MW of wind power in operation The company's Power and Gas segment is engaged in the production and marketing of electric energy, steam, and gas. It owns and operates a 528 MW capacity power plant fuelled by a synthesis gas obtained from a process of gasification of asphalt; and owns the North Plant with a capacity of 480 MW in Priolo, including a combined cycle plant fuelled by natural gas and other smaller facilities. Its Refining and Marketing segment is involved in downstream operations through a network of approximately 3,000 sale outlets. This segment sells fuel and specialties, including lubricants, LPG, and bitumen. It is also engaged in the logistics and refining business by providing storage and handling services for petroleum products. The company was founded in 1938 and is based in Genoa, Italy. ERG S.p.A. is a subsidiary of San Quirico S.p.A.

617 Employees
Last Reported Date: 11/13/14
Founded in 1938

erg spa (ERG) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: €2.7M
Executive Deputy Chairman and Member of State...
Total Annual Compensation: €1.6M
Compensation as of Fiscal Year 2013.

erg spa (ERG) Key Developments

ERG SpA Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

ERG SpA announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the third quarter, the company reported, total revenues of EUR 301.4 million compared to EUR 1,863.2 million for the same period a year ago, mainly following the exit from the Coastal Refining sector and sale of the ISAB Energy facility. EBITDA was EUR 84.6 million compared to EUR 116.6 million for the same period a year ago. Profit before taxes was EUR 14.2 million compared to EUR 48.7 million for the same period a year ago. Profit for the period was EUR 5.3 million compared to EUR 23.0 million for the same period a year ago. Total cash in flows from operating activities was EUR 143.7 million compared to total cash out flows from operating activities of EUR 35.5 million for the same period a year ago. Net capital expenditures on tangible and intangible fixed assets was EUR 20.1 million compared to EUR 20.3 million for the same period a year ago. Consolidated adjusted EBITDA at replacement cost was EUR 100 million compared to EUR 143 million for the same period a year ago. Group net result at replacement cost was EUR 12 million compared to EUR 11 million for the same period a year ago. Consolidated adjusted EBIT at replacement cost was EUR 48 million compared to EUR 71 million for the same period a year ago. For the nine months, the company reported, total revenues were EUR 1,733.4 million compared to EUR 5,084.6 million for the same period a year ago. EBITDA was EUR 501.5 million compared to EUR 342.8 million for the same period a year ago. Profit before taxes were EUR 292.9 million compared to EUR 124.7 million for the same period a year ago. Profit for the period was EUR 146.4 million compared to EUR 52.6 million for the same period a year ago. Total cash flows from operating activities was EUR 267.2 million compared to EUR 117.6 million for the same period a year ago. Net capital expenditures on tangible and intangible fixed assets was EUR 19.0 million compared to EUR 43.4 million for the same period a year ago. Consolidated adjusted EBITDA at replacement cost was EUR 400 million compared to EUR 437 million for the same period a year ago. Group net result at replacement cost was EUR 75 million compared to EUR 36 million for the same period a year ago. Consolidated adjusted EBIT at replacement cost was EUR 218 million compared to EUR 221 million for the same period a year ago. As at September 30, 2014 net financial debt was EUR 387 million. As at September 30, 2014 adjusted net financial debt was EUR 640 million.

ERG SpA, Board Meeting, Nov 12, 2014

ERG SpA, Board Meeting, Nov 12, 2014. Agenda: To consider the interim report on operations for the period ended September 30, 2014.

ERG SpA Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

ERG SpA reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total Revenue was EUR 986 million compared to EUR 1,686 million a year ago. EBITDA was EUR 256.5 million compared to EUR 81.1 million a year ago. EBITDA at adjusted replacement cost was EUR 132 million compared to EUR 120 million a year ago. EBIT at replacement cost was EUR 67 million compared to EUR 55 million a year ago. EBIT at adjusted replacement cost was EUR 66 million compared to EUR 47 million a year ago. Net income was EUR 89 million compared to loss of EUR 10 million a year ago. Group net profit at adjusted replacement cost was EUR 20 million compared to loss of EUR 2 million a year ago. Profit before taxes was EUR 193.8 million compared to loss of EUR 1.1 million a year ago. Group's net profit was EUR 79.1 million compared to loss of EUR 22.3 million a year ago. Net capital expenditures in financial fixed assets was EUR 0.2 million compared to EUR 12.9 million a year ago. Cash flows from operating activities was EUR 53.4 million compared to EUR 338 million a year ago. For the six months, the company's total Revenue was EUR 1,432.1 million compared to EUR 3,221.4 million a year ago. EBITDA was EUR 417 million compared to EUR 226.2 million a year ago. EBITDA at adjusted replacement cost was EUR 300 million compared to EUR 293 million a year ago. EBIT at replacement cost was EUR 176 million compared to EUR 163 million a year ago. EBIT at adjusted replacement cost was EUR 170 million compared to EUR 150 million a year ago. Net income was EUR 141 million compared to EUR 30 million a year ago. Group net profit at adjusted replacement cost was EUR 63 million compared to EUR 25 million a year ago. Profit before taxes was EUR 278.7 million compared to EUR 76 million a year ago. Group's net profit was EUR 116.2 million compared to EUR 3.1 million a year ago. Net capital expenditures in financial fixed assets was EUR 12.4 million compared to EUR 14.3 million a year ago. Cash flows from operating activities was EUR 123.5 million compared to EUR 153.1 million a year ago. Net financial debt was EUR 1,041 million compared to EUR 807 million as on December 31, 2014. Adjusted net financial debt was EUR 1,234 million compared to EUR 1,015 million as on December 31, 2014. In view of the first half results and expectations for the rest of the year, the company confirm the indication given to the financial community at the beginning of the year as regards fiscal year 2014 group EBITDA at replacement cost of approximately Euro 470 million (Euro 569 million in 2013). The comparison with 2013 must be made bearing in mind the strong discontinuities in terms of perimeter that have occurred during 2014 as a result of the above mentioned transaction involving ISAB Energy; without taking this into account, the company would see a further upward trend in the result.

 

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