Iren SpA

Common Name
Iren
Country
Italy
Sector
Utilities
Industry
Utilities - Diversified
Employees
11,862
Ticker
IRE
Exchange
EURONEXT MILAN
Description
Iren S.p.A. is a prominent multi-utility company based in Italy, specializing in the production and distribution of electricity, thermal energy for district heating, gas, and potable water. Founded th...

Financial Statements of Iren

Below are the financial statements of Iren, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of EUR20242023
Revenues
Revenue from goods and services
5,903.45a
6,301.58a
Other income
139.67a
188.8a
Total revenues
6,043.13a
6,490.38a
Operating costs
Costs for raw materials, consumables and goods
-2,224.05a
-2,763.47a
Services and use of third-party assets
-1,860.88a
-1,876.66a
Other operating expenses
-102.66a
-113.87a
Capitalized internal work costs
-60.19a
-56.91a
Personnel expenses
-641.61a
-596.39a
Total operating costs
-4,769.01a
-5,293.49a
Gross operating margin
1,274.12a
1,196.9a
Depreciation, provisions and write-downs
Depreciation and amortization
-655.48a
-600.93a
Provisions to allowance for doubtful accounts
-74.48a
-71.47a
Other provisions and write-downs
-24.46a
-60.11a
Total depreciation, provisions and write-downs
-754.42a
-732.51a
Operating profit
519.7a
464.39a
Financial management
Finance income
45.7a
37.15a
Finance costs
-136.33a
-135.78a
Total financial management
-90.63a
-98.63a
Adjustment to carrying amount of investments
-1.26a
6.26a
Share of profit of equity-accounted investments, net of tax
7.47a
6.84a
Profit before taxes
435.28a
378.85a
Income taxes
-131.7a
-97.03a
Net result of continuing operations
303.58a
281.83a
Net result from discontinued operations
0a
0a
Net result for the period
303.58a
281.83a
Attributable to
Profit (loss) for the period attributable to shareholders
268.47a
254.75a
Profit (loss) for the period attributable to non-controlling interests
35.11a
27.08a

Verified Sources Behind Iren’s Financial Fundamentals Data

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a. Iren's Integrated Report 2024
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