Company Profile

Iren S.p.A. specializes in electricity production and related services. Net sales (including intragroup) break down by activity as follows:
- sale of electricity, gas and heat (42.3%);
- production of electricity and heat (33.2%): at the end of 2023, owned 41 power plants, including 33 hydroelectric plants and 7 thermal plants, and 110 photovoltaic plants;
- urban and hazardous waste collection, processing and disposal (12.3%);
- drinkable water distribution and management of electricity and gas distribution networks (11.9%). The group also offers wastewater purification services;
- other (0.3%): technical services (management of public lighting installations, traffic lighting systems, and telecommunications infrastructures), installation, maintenance, and management services for electrical or thermal equipment and power network and conduit systems and urban heating.


Source: Cofisem - Last Update: 2025-03-25

Key Executives
Chief Executive Officer Gianluca Bufo
Chief Financial Officer Giovanni Gazza
Head of Investor Relations Giulio Domma


Source: Cofisem - Last Update: 2025-03-25

Key Figures
Millenium 2024 2023 2022 2021 2020
Net sales 5,903,454 6,301,581 7,627,961 4,826,741 3,537,997
Income from ordinary activities 5,903,454 6,301,581 7,627,961 4,826,741 3,726,208
Operating income 519,700 464,640 463,735 453,676 415,413
Cost of financial indebtedness net 90,632 95,991 51,876 44,611 43,314
Equity-accounted companies contribution to income 6,211 13,099 16,969 16,313 9,208
Net profit from discontinued activities
Net income 303,582 282,011 269,946 333,401 269,285
Net income (Group share) 254,845 226,017 303,172 239,172
Fiscal year end 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2025-03-25

Shareholder information
Other shareholders 48.68 %
Finanziaria Sviluppo Utilities (FSU) 18.85 %
Finanziaria Città Di Torino 13.8 %
Municipality of Reggio Emilia 6.42 %
Fondazione Compagnia di San Paolo 3.85 %
Municipality of Parma 3.16 %
Metro Holding Torino Srl 2.5 %
Group-owned stock 1.37 %
Municipality of Piacenza 1.37 %


Source: Cofisem - Last Update: 2025-03-25

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