Reported Earnings • May 17
First quarter 2026 earnings released: EPS: €0.10 (vs €0.11 in 1Q 2025) First quarter 2026 results: EPS: €0.10 (down from €0.11 in 1Q 2025). Revenue: €1.81b (down 13% from 1Q 2025). Net income: €128.6m (down 5.2% from 1Q 2025). Profit margin: 7.1% (up from 6.5% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Duyuru • Apr 16
Iren SpA, Annual General Meeting, May 21, 2026 Iren SpA, Annual General Meeting, May 21, 2026, at 11:00 W. Europe Standard Time. Location: parma Italy Declared Dividend • Mar 26
Dividend increased to €0.14 Dividend of €0.14 is 8.0% higher than last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 25
Iren SpA announces Annual dividend, payable on June 24, 2026 Iren SpA announced Annual dividend of EUR 0.1386 per share payable on June 24, 2026, ex-date on June 22, 2026 and record date on June 23, 2026. Reported Earnings • Mar 24
Full year 2025 earnings released: EPS: €0.23 (vs €0.21 in FY 2024) Full year 2025 results: EPS: €0.23 (up from €0.21 in FY 2024). Revenue: €6.57b (up 9.5% from FY 2024). Net income: €300.5m (up 12% from FY 2024). Profit margin: 4.6% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. Duyuru • Dec 24
Iren SpA to Report Q4, 2025 Results on Mar 23, 2026 Iren SpA announced that they will report Q4, 2025 results on Mar 23, 2026 Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: €0.037 (vs €0.018 in 2Q 2024) Second quarter 2025 results: EPS: €0.037 (up from €0.018 in 2Q 2024). Revenue: €1.39b (up 25% from 2Q 2024). Net income: €48.0m (up 108% from 2Q 2024). Profit margin: 3.4% (up from 2.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Jun 16
Upcoming dividend of €0.13 per share Eligible shareholders must have bought the stock before 23 June 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of British dividend payers (5.6%). In line with average of industry peers (4.8%). Reported Earnings • May 19
First quarter 2025 earnings released First quarter 2025 results: Revenue: €2.09b (up 34% from 1Q 2024). Net income: €135.6m (up 11% from 1Q 2024). Profit margin: 6.5% (down from 7.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Integrated Utilities industry in Europe. Duyuru • Mar 25
Iren SpA announces Annual dividend, payable on June 25, 2025 Iren SpA announced Annual dividend of EUR 0.1283 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025. Duyuru • Mar 17
Iren SpA, Annual General Meeting, Apr 24, 2025 Iren SpA, Annual General Meeting, Apr 24, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • Nov 14
Third quarter 2024 earnings released Third quarter 2024 results: EPS: €0.037. Revenue: €1.48b (flat on 3Q 2023). Net income: €47.4m (up 40% from 3Q 2023). Profit margin: 3.2% (up from 2.3% in 3Q 2023). Revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jul 30
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €1.13b (flat on 2Q 2023). Net income: €22.8m (up 189% from 2Q 2023). Profit margin: 2.0% (up from 0.7% in 2Q 2023). Revenue is expected to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 2.7%. Upcoming Dividend • Jul 15
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 22 July 2024. Payment date: 24 July 2024. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of British dividend payers (5.5%). In line with average of industry peers (6.0%). Reported Earnings • May 19
First quarter 2024 earnings released First quarter 2024 results: Revenue: €1.57b (down 22% from 1Q 2023). Net income: €122.2m (down 9.5% from 1Q 2023). Profit margin: 7.8% (up from 6.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to grow by 1.1%. Buy Or Sell Opportunity • Apr 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €1.75. The fair value is estimated to be €2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to decline by 0.09% per annum. Earnings are forecast to grow by 5.9% per annum over the same time period. Reported Earnings • Mar 31
Full year 2023 earnings released Full year 2023 results: Revenue: €6.49b (down 16% from FY 2022). Net income: €254.8m (up 13% from FY 2022). Profit margin: 3.9% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Buy Or Sell Opportunity • Feb 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to €1.77. The fair value is estimated to be €2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Reported Earnings • Nov 14
Third quarter 2023 earnings released Third quarter 2023 results: EPS: €0.026. Revenue: €1.47b (down 26% from 3Q 2022). Net income: €33.9m (up €29.5m from 3Q 2022). Profit margin: 2.3% (up from 0.2% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: €0.006 (vs €0.012 in 2Q 2022) Second quarter 2023 results: EPS: €0.006 (down from €0.012 in 2Q 2022). Revenue: €1.19b (down 20% from 2Q 2022). Net income: €7.90m (down 47% from 2Q 2022). Profit margin: 0.7% (down from 1.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 5.8% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 12
Upcoming dividend of €0.11 per share at 5.8% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of British dividend payers (5.8%). In line with average of industry peers (5.7%). Reported Earnings • Mar 24
Full year 2022 earnings released Full year 2022 results: Revenue: €7.86b (up 61% from FY 2021). Net income: €226.0m (down 25% from FY 2021). Profit margin: 2.9% (down from 6.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 9.2% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Integrated Utilities industry in Europe. Duyuru • Jan 26
Iren SpA to Report Nine Months, 2023 Results on Nov 09, 2023 Iren SpA announced that they will report nine months, 2023 results on Nov 09, 2023 Reported Earnings • Nov 07
Third quarter 2022 earnings released: EPS: €0.003 (vs €0.038 in 3Q 2021) Third quarter 2022 results: EPS: €0.003 (down from €0.038 in 3Q 2021). Revenue: €1.97b (up 91% from 3Q 2021). Net income: €4.44m (down 91% from 3Q 2021). Profit margin: 0.2% (down from 4.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 5.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 01
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €1.50b (up 68% from 2Q 2021). Net income: €15.0m (down 79% from 2Q 2021). Profit margin: 1.0% (down from 8.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 17% compared to a 5.1% growth forecast for the industry in the United Kingdom. Buying Opportunity • Jul 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be €2.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 5.7% per annum over the same time period. Upcoming Dividend • Jul 11
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 18 July 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 44% and the cash payout ratio is 76%. Trailing yield: 5.3%. Within top quartile of British dividend payers (5.3%). In line with average of industry peers (5.3%). Reported Earnings • May 21
Full year 2021 earnings released: EPS: €0.24 (vs €0.18 in FY 2020) Full year 2021 results: EPS: €0.24 (up from €0.18 in FY 2020). Revenue: €4.87b (up 36% from FY 2020). Net income: €303.1m (up 27% from FY 2020). Profit margin: 6.2% (down from 6.7% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.2% compared to a 2.1% decline forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS €0.038 (vs €0.016 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €1.03b (up 39% from 3Q 2020). Net income: €48.3m (up 135% from 3Q 2020). Profit margin: 4.7% (up from 2.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS €0.057 (vs €0.038 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €909.6m (up 30% from 2Q 2020). Net income: €72.6m (up 48% from 2Q 2020). Profit margin: 8.0% (up from 7.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Jun 14
Upcoming dividend of €0.095 per share Eligible shareholders must have bought the stock before 21 June 2021. Payment date: 23 June 2021. Trailing yield: 3.6%. Lower than top quartile of British dividend payers (4.0%). Lower than average of industry peers (4.0%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS €0.094 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.14b (up 9.6% from 1Q 2020). Net income: €120.7m (up 44% from 1Q 2020). Profit margin: 11% (up from 8.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS €0.18 (vs €0.18 in FY 2019) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: €3.54b (down 14% from FY 2019). Net income: €235.3m (flat on FY 2019). Profit margin: 6.7% (up from 5.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Is New 90 Day High Low • Mar 03
New 90-day low: €2.02 The company is down 6.0% from its price of €2.15 on 03 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.39 per share. Is New 90 Day High Low • Nov 27
New 90-day high: €2.30 The company is up 4.0% from its price of €2.21 on 28 August 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Integrated Utilities industry, which is also up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.10 per share. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS €0.016 The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: €886.3m (flat on 3Q 2019). Net income: €20.6m (down 49% from 3Q 2019). Profit margin: 2.3% (down from 4.5% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue beats expectations Revenue exceeded analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 9.9%, compared to a 4.2% growth forecast for the Integrated Utilities industry in the United Kingdom. Is New 90 Day High Low • Oct 30
New 90-day low: €1.93 The company is down 11% from its price of €2.16 on 31 July 2020. The British market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.14 per share. Is New 90 Day High Low • Oct 13
New 90-day low: €2.11 The company is down 2.0% from its price of €2.16 on 15 July 2020. The British market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Integrated Utilities industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.23 per share.