Slide 1: Investor Presentation: Italian retail market
Investor Presentation Italian retail market April 2016
Slide 2: Italian retail market 2013-2015
Italian retail market Italian retail market1 2013-2015 Customers (mn) Power Sold (Twh) 37.0 36.8 36.9 288.8 282.1 287.6 66.8 63.9 66.6 29.4 29.3 29.5 222.0 218.2 221 7.6 7.4 7.3 2013 2014 2015 2013 2014 2015 Business Residential Business Residential 1. Source: AEEGSI, Terna 1
Slide 3: Italian retail market: free vs. regulated
Italian retail market Italian retail market1: free vs. regulated Customers (mn) Power Sold (Twh) 9.4 29.5 24.2 66.6 20.2 42.4 Residential LV HV & MV Regulated Free Total Regulated Free Total 3.4 7.3 199.3 221.0 0.1 0.1 3.3 3.9 143.5 143.5 7.2 Business 21.7 55.8 77.5 Regulated Free Total Regulated Fr
Slide 4: Italian retail market: 2014 market share
Italian retail market Italian retail market1: 2014 market share Electricity demand (Regulated) Electricity demand (Free) Enel Servizio Elettrico 85.4% Enel 17.9% Edison 10.9% Acea Energia 5.0% Eni 5.3% A2A Energia 3.6% Gaia 3.9% Iren Mercato 1.2% Sorgenia 3.7% Acea 3.6% Trenta 0.7% Hera 3.4% Hera Co
Slide 5: EBITDA Italy by business
Italian retail market EBITDA Italy by business (€mn) -5% 177 (339) 317 (24) (467) 6,293 Retail Retail 5,957 1,124 €mn 1,336 €mn Generation Generation 1,107 €mn 656 €mn Networks Networks 3,935 €mn 3,933 €mn FY 2014 Infrastructures Generation Retail Services Provisions FY 2015 ordinary & Networks & Tr
Slide 6: EBITDA evolution: retail
Italian retail market EBITDA evolution: retail1 (€bn) +31% Main business drivers 0.3 (0.5) Free >15% in power and gas 0.2 customers 0.5 2.1 1.6 Volumes +20% in power and +30% in gas sold Cost to ~5% reduction serve New +0.3 €bn in B2C and B2B segments Services 2015 Customer Efficiency New Unitary 20
Slide 7: Italy: targets
~0.3 Italian retail market ~1.1 Italy: targets Capex (€bn) EBITDA (€bn) ~ 5.81 ~ 5.71 ~ 5.81 ~ 2.01 1.2 ~ 1.71 1.4 1.4 0.2 ~ 1.61 0.1 0.7 0.7 0.8 0.2 0.1 0.2 0.3 1.7 3.8 3.5 3.5 1.1 1.3 2015 2016 2017 2015 2016 2017 N etworks Conventional Generation Retail N etworks Conventional Generation Retail 1.
Slide 8: Contact us
Italian retail market Contact us Investor Relations Team (investor.relations@enel.com) Tel. +39 06 8305 7975 Visit our website at: www.enel.com (Investor Relations)
Slide 9: Disclaimer
Italian retail market Disclaimer This presentation contains certain forward-looking statements that reflect the Company’s management’s current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward- looking statements are base