Company Profile

Italgas S.p.A. specializes in the distribution of natural gas. Net sales break down by activity as follows:
- distribution of natural gas (82.2%): 8,145.3 million m3 distributed in 2023. At the end of 2023, the group operated a distribution network of 82,033.7 km;
- other (17.8%): primarily water and heat distribution, engineering, technical assistance, etc.


Source: Cofisem - Last Update: 2025-03-18

Key Executives
Chief Executive Officer Paolo Gallo
Chief Financial Officer Gianfranco Amoroso
Chief Human Resources Officer Peter Durante
Director of Sustainable Development Chiara Ganz
Strategy Director Lorenzo Romeo
Head of Investor Relations Anna Maria Scaglia


Source: Cofisem - Last Update: 2025-03-18

Key Figures
Millenium 2024 2023 2022 2021 2020
Net sales 2,478,644 2,564 2,183 2,098 2,058
Income from ordinary activities 2,539,436 2,639 2,313 2,163 2,127
Operating income 782,149 681 641 583 605
Cost of financial indebtedness net 121,045 94 59 63 54
Equity-accounted companies contribution to income 9,945 3 3 2 2
Net profit from discontinued activities
Net income 507,435 467 436 384 406
Net income (Group share) 478,854 439 407 363 385
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 - millions EUR - millions EUR - millions EUR - millions
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2025-03-18

Shareholder information
Institutional shareholders 32.8 %
CDP Reti S.p.A. 26 %
Snam S.p.A. 13.5 %
Lazard Asset Management LLC 9.8 %
Other shareholders 9.7 %
BlackRock, Inc. 3.7 %
Sun Life Financial Inc. 3.2 %
Bank of Italy 1.3 %


Source: Cofisem - Last Update: 2025-03-18

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