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Last €1.17 EUR
Change Today +0.013 / 1.12%
Volume 130.6K
IRE On Other Exchanges
Symbol
Exchange
IRE is not on other exchanges.
As of 4:08 AM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Via Nubi di Magellano, 30

Reggio Emilia, RE 42123

Italy

Phone: 39 05 22 29 71

Fax: 39 05 22 79 73 00

Iren S.p.A., a multiutility company, is primarily engaged in the production, distribution, and sale of electricity in Italy. It produces electricity principally from hydroelectric and renewable sources. The company also produces and sells heat; and distributes and sells gas and district heat. It distributes electrical energy through its 7,439 kilometers of low, medium, and high voltage networks to approximately 691,000 customers in Turin and Parma; and gas through its 9,000 kilometers network to approximately one million customers. In addition, the company is involved in the provision of technological services that include network engineering services to the markets comprising IT, modelling, and simulation, as well as upgrading services for technological networks; and design and management of waste treatment and disposal plants, as well as management of production plants for district heating. Further, it is engaged in the collection and disposal of waste; sale and distribution of water; and provision of water treatment and sewerage services. Additionally, the company provides street and traffic light services; telecommunications services; and services for the management of air conditioning systems in public buildings. It is also involved in the management of heating and electrical systems; management of technological systems at sports and public service facilities; and maintenance of public parks, snow removal, and cemetery services. The company sells approximately 3.2 billion cubic meters of gas; approximately 17,053 GWh of electrical energy; and 2,980 GWht of heat for the district heating networks, as well as operates 12 hydroelectric plants and 8 thermoelectric cogeneration plants. Iren S.p.A. is headquartered in Reggio Emilia, Italy.

 

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Price/Cash Flow 4.3x
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