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Italgas

Regulatory Filings Oct 1, 2024

4178_rns_2024-10-01_beefe8ff-861f-4c1d-a02d-f6a9f48a1b9a.pdf

Regulatory Filings

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Informazione
Regolamentata n.
0167-74-2024
Data/Ora Inizio Diffusione
1 Ottobre 2024 18:58:53
Euronext Milan
Societa' : ITALGAS
Identificativo Informazione
Regolamentata
: 196312
Utenza - Referente : ITALGASN01 - Scaglia
Tipologia : 3.1
Data/Ora Ricezione : 1 Ottobre 2024 18:58:53
Data/Ora Inizio Diffusione : 1 Ottobre 2024 18:58:53
Oggetto : Italgas: Moody's Ratings (Moody's) confirms
rating and Outlook
Testo
del
comunicato

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Press Release

Italgas: Moody's Ratings (Moody's) confirms rating and Outlook

Milan, 01 October 2024 – The rating agency Moody's confirmed today Italgas S.p.A Long-term Issuer rating at 'Baa2', Stable Outlook.

The Baa2 rating is supported by the Group's focus on domestic low-risk gas distribution activities, which generate revenues under an established and supportive regulatory framework with a limited exposure to volume risk.

Furthermore, the rating reflects Italgas' good operating efficiency, its solid cash flow generation, supported by efficiencies in operating spending and a low average cost of debt.

Moody's highlights that Italgas' rating remains constrained by the company's exposure to macroeconomic, political, and regulatory risks in Italy (Baa3 stable).

This press release is available at the following address www.italgas.it

Investor Relations Italgas +39 02 8187 2012 [email protected]t

Numero di Pagine: 3

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