Italgas (IG.MI): 2Q26 Results: Synergy Delivery and Improving Growth Visibility-20260728
花旗·2026-07-28 14:20
Flash | 2Q26 Results; Synergy Delivery and Improving Growth Visibility CITI'S TAKE 28 Jul 2026 01:26:00 ET │ 11 pages Italgas delivered a solid set of 2Q26 results, demonstrating early progress against the strategic plan unveiled in June. Adj EBITDA was €546m (+7% y/y), coming in 2%/3% ahead of Citi/VA Cons, supported by continued RAB growth and ongoing efficiency gains. Like-for-like efficiencies reached c.€26m in 2Q26, lower than the €56.6m achieved in 1Q26, although management reiterated confidence in de ...