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acea PRESS RELEASE ACEA'S BOARD OF DIRECTORS APPROVES RESULTS FOR THE FIRST NINE MONTHS OF 2021 Revenue € 2,766m ( up 12 % versus 9M 2020 ) EBITDA € 930m ( up 8 % versus 9M 2020 ) • EBIT € 460m ( up 8 % versus 9M 2020 ) • • Group net profit € 249m ( up 14 % versus 9M 2020 ) Capex € 684m ( up 9 % versus 9M 2020 ) Net debt € 3,998m ( € 3,528m at 31 December 2020 ) Confirmation of guidance for 2021 : ✓ EBITDA growth of over 8 % compared with 2020 ; ✓ capex of approximately € 900m ; ✓ net debt at end of 2021 within range of € 3.85bn and € 3.95bn . Rome , 10 November 2021 - The Board of Directors of ACEA , chaired by Michaela Castelli , has approved the interim report for the nine months ended 30 September 2021 ( " 9M 2021 " ) . CONSOLIDATED FINANCIAL HIGHLIGHTS ( € m ) 9M 2021 9M 2020 % change Consolidated revenue 2,766 2,471 + 12 % EBITDA EBIT 930 859 + 8 % 460 426 + 8 % Group net profit ( after non - controlling interests ) 249 219 + 14 % ( € m ) Capex 30 Sept 2021 31 Dec 2020 9M 2021 684 30 Sept 2020 9M 2020 625 % change + 9 % ( Єm ) % change % change Net debt ( a ) 3,998 ( b ) 3,528 ( c ) 3,535 ( a / b ) + 13 % ( a / c ) + 13 % “ The further improvement in our results recorded during the period is consistent with the growth seen in all the Group's businesses , also thanks to the progressive relaxation of the restrictions imposed by the pandemic . This positive performance allows us to confirm our guidance for 2021 , " said Giuseppe Gola , ACEA's Chief Executive Officer . " The organic growth of our businesses , supported by a significant investment programme , will be further strengthened by M & A initiatives , above all in the waste treatment sector , where we recently announced the acquisition of Serplast / Meg and Deco . In line with our Business Plan , these transactions mark another step towards closing the waste cycle and consolidating the Group's circular economy operations . The development of infrastructure and plants , together with our relentless drive on the energy transition and innovation , will continue to play an increasingly important role in shaping the Group's strategy in a sustainable way " . Our response to the Covid - 19 health emergency The Acea Group remains committed to responding to the Covid - 19 health emergency , continuing to implement all the preventive and protection measures to ensure the safety of all personnel and all stakeholders and to guarantee the continuity and quality of the services provided . The Company has opened up its vaccination hub in Rome to the general public , in addition to its personnel . Thanks to the range of measures adopted , Acea has obtained " Biosafety Trust Certification " in recognition of our efforts to prevent and control the spread of infections . 1