Business
IRE: EBITDA and net profit grew, offsetting revenue decline from energy price drops and incentives
IRE: EBITDA and net profit grew, offsetting revenue decline from energy price drops and incentives
About this update from Iren S.p.a.
EBITDA rose 8% and net profit 9% year-over-year, despite a 10% revenue decline from lower energy prices and Superbonus wind-down. Investments and customer growth remain strong, with 2024 guidance reaffirmed.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.