Terna Full Year 2024 Earnings: Revenues Beat Expectations

Simply Wall St

May 01, 2025

Terna (BIT:TRN) Full Year 2024 Results

Key Financial Results

Revenue: €3.68b (up 17% from FY 2023).
Net income: €1.05b (up 19% from FY 2023).
Profit margin: 28% (in line with FY 2023).

We've discovered 2 warning signs about Terna. View them for free.

revenue-and-expenses-breakdown — BIT:TRN Revenue and Expenses Breakdown May 1st 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Terna Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.1%.

The primary driver behind last 12 months revenue was the Regulated Activities segment contributing a total revenue of €3.10b (84% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to €889.0m (46% of total expenses). Explore how TRN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Electric Utilities industry in Europe.

Performance of the market in Italy.

The company's shares are up 3.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Terna (1 can't be ignored!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.