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acea • PRESS RELEASE ACEA'S BOARD OF DIRECTORS APPROVES Q1 2021 RESULTS Revenue € 930m ( up 12 % versus Q1 2020 ) EBITDA € 312m ( up 13 % versus Q1 2020 ) • EBIT € 156m ( up 12 % versus Q1 2020 ) • Group net profit € 83m ( up 18 % versus Q1 2020 ) • Capex € 231m ( up 21 % versus Q1 2020 ) • Net debt € 3,634m ( € 3,528m at 31 December 2020 ) Rome , 12 May 2021 - The Board of Directors of ACEA , chaired by Michaela Castelli , has approved the interim report for the three months ended 31 March 2021 ( " Q1 2021 " ) . FINANCIAL HIGHLIGHTS ( € m ) Q1 2021 Q1 2020 % change Consolidated revenue 930 834 + 12 % EBITDA 312 276 + 13 % EBIT 156 139 + 12 % Group net profit ( after non - controlling interests 83 71 + 18 % Q1 ( € m ) Capex Q1 2021 231 % change 2020 190 + 21 % ( € m ) Net debt 31 Mar 2021 3,634 31 Dec 2020 % change 3,528 + 3 % " The Group's operational and financial strength , as confirmed by the excellent results achieved in the first quarter , " said Giuseppe Gola , ACEA's Chief Executive Officer , " allow us to look to the future with confidence . In keeping with the spirit of the National Recovery and Resilience Plan , our activities and investments are focused on our regulated businesses , on driving the energy transition , the circular economy and e - mobility . Our industrial approach to essential public services will contribute to bridging the country's infrastructure gap , supporting technological development and providing a further improvement in quality of our services . " Flexibility and reliability against a backdrop marked by the continuing Covid - 19 emergency . In response to the Covid - 19 health emergency , the Acea Group has continued to focus on guaranteeing the safety of all personnel and on ensuring the continuity of the services provided , whilst safeguarding quality and efficiency . Thanks to the measures adopted , Acea has obtained the " Biosafety Trust Certification " for the prevention and control of the spread of infections . In order to provide a concrete support to the Covid - 19 vaccination programme coordinated by the Ministry of Health , Acea has set up a vaccination hub in Rome which , in addition to employees , will enable around 1,000 citizens a day to receive the vaccine . ACEA GROUP'S RESULTS FOR Q1 2021 Consolidated revenue reaches € 930.0m , up 11.6 % compared with Q1 2020 . 1