Earnings release
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Terna Driving Energy Media Relations PRESS RELEASE Ph . +39 06 83139081 Fax +39 06 83138372 e - mail : ufficio.stampa@terna.it Investor Relations Ph . +39 06 83139081 Fax +39 06 83138372 e - mail : ufficio.stampa@terna.it RESULTS AS OF 30 SEPTEMBER 2021 APPROVED ACCELERATION IN CAPEX CONTINUES IN THIRD QUARTER , BENEFITTING THE ENERGY TRANSITION AND THE COUNTRY IMPROVEMENT ACROSS ALL FINANCIAL INDICATORS • • • • • Revenues € 1,901.6 million ( compared to € 1,780.6 million in 9M 2020 , + 6.8 % ) EBITDA € 1,373.9 million ( compared to € 1,323.3 million in 9M 2020 , + 3.8 % ) Group net profit for the period € 580.4 million ( compared to € 569.1 million in 9M 2020 , + 2.0 % ) Capex € 925.3 million ( compared to € 749.5 million in 9M 2020 , + 23.5 % ) Net debt € 9,573.2 million ( compared to € 9 , 172.6 million on 31 December 2020 ) Interim dividend for 2021 of € 9.82 euro cents per share , up 8 % on interim dividend for 2020 Rome , 10 November 2021 - Today's meeting of the Board of Directors of Terna S.p.A. ( " Terna " ) , chaired by Valentina Bosetti , has examined and approved the results for the nine months ended 30 September 2021 . The first nine months of the year saw a continuous recovery in electricity consumption in Italy , which rose 6.2 % during the period compared to the previous year . Against this backdrop , Terna recorded an improvement in its results , continuing with the major acceleration in investment in order to deliver the energy transition : in particular , Terna's total capital expenditure in the first nine months amounted to € 925.3 million , a 23.5 % increase compared to the same period of 2020 , which had already registered 11.9 % growth compared to 2019 , the year before the Covid - 19 pandemic . " Since May of last year , we have decided to significantly step - up Terna's activity , in recognition of our key role in leading the energy transition and driving the Country's economic recovery , ” said Stefano Donnarumma , Terna's CEO and General Manager . " For the sixth consecutive quarter , we have , therefore , accelerated capex , as we focus more than ever on delivering the projects included Terna SpA Registered Office Viale Egidio Galbani , 70 - 00156 Rome - Italy - Ph . +39 06 83138111 | terna.it Rome Register of Companies , Tax Code and VAT No. 05779661007 R.E.A. 922416 Share Capital Euro 442,198,240 full paid - in CERTIFICATIONS ACCREDITATIONS SOA CERTIFICATES