Press Release

• EBITDA €840 million (-6% compared to 2016, +7% on adjusted basis[1]).
• EBIT €360 million (-32% compared to 2016, -2% on adjusted basis1
• Group net profit €181 million (-31% compared to 2016, +2% on adjusted basis1)
• Investments €532 million (in line with 2016)
• Net debt €2,421 million (€2,325 million adjusted[2], compared to €2,127 million at 31 December 2016)
   

EBITDA exceeding March 2017 guidance figures and the forecast included in the Business Plan

Investments in line with March 2017 guidance figures

Net financial position in line with March 2017 guidance figures, with an improvement compared to the forecast divulged in the Business Plan

Group net profit reflects both the impact of non-recurring items totalling €46 million and an increase of €38 million in depreciation, mainly ascribable to IT investments with a substantially shorter useful life. In 2016, net profit benefited from the positive effect deriving from elimination of the so-called regulatory lag

Proposed dividend of €0.63 per share (payout ratio of 74%, calculated on net profit after minority interests), with a growth over 2016

Rome, 14 March 2018 – The Board of Directors of ACEA SpA, chaired by Luca Lanzalone, has approved the draft Financial Statements and consolidated Financial Statements for the period ended 31 December 2017 and the Sustainability Report – Consolidated non-financial declaration.

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