Business description: Italgas S.p.A.

Italgas S.p.A. specializes in the distribution of natural gas. Net sales break down by activity as follows:

- distribution of natural gas (91.9%): 11,409 million m3 distributed in 2025. At the end of 2025, the group operated a distribution network of 156,655 km;

- other (8.1%): primarily water and heat distribution, engineering, technical assistance, etc.

Number of employees: 6,289

Sales by Activity: Italgas S.p.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Gas Distribution

2.13B 2.23B 2.34B 2.41B 3.39B

Corporate

- - 93.76M 85.29M 127M

Water Service

- - - 99.09M 100M

Energy Efficiency

- - 300M 48.61M 92.95M

Inter-Sector Revenues

- - -99.76M -102M -154M

Geographical breakdown of sales: Italgas S.p.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Italy

2.13B 2.23B 2.38B 2.26B 3.22B

Greece

- 82.11M 255M 279M 292M

Non-EU Countries

- - - 1.44M 930K

Executive Committee: Italgas S.p.A.

Manager TitleAgeSince
Chief Executive Officer 65 31/07/2016
Director of Finance/CFO - 31/05/2026
Compliance Officer 53 -
Investor Relations Contact - -
Comptroller/Controller/Auditor 65 -

Composition of the Board of Directors: Italgas S.p.A.

Director TitleAgeSince
Director/Board Member 65 -
Director/Board Member 47 26/01/2022
Director/Board Member 54 25/04/2022
Director/Board Member 53 30/06/2021
Chairman - 12/05/2025
Director/Board Member - 12/05/2025
Director/Board Member - 12/05/2025
Director/Board Member - 12/05/2025
Director/Board Member - 12/05/2025
Director/Board Member - 12/05/2025

Shareholders: Italgas S.p.A.

NameStocks%Valuation
Cassa Depositi e Prestiti SpA
22.08 %
224,420,826 22.08 % 2 636 M €
11.45 %
116,325,373 11.45 % 1 366 M €
Lazard Asset Management LLC
9.228 %
93,788,018 9.228 % 1 102 M €
Cassa Nazionale di Previdenza ed Assistenza per gli Ingegneri
1.167 %
11,864,315 1.167 % 139 M €
Lazard Asset Management Pacific Co.
0.8623 %
8,763,524 0.8623 % 103 M €

Company details: Italgas S.p.A.

Italgas SpA

Via Carlo Bo 11

20143, Milan

+39 02 81 87 21 75

http://www.italgas.it
address Italgas S.p.A.(IG)

Group companies: Italgas S.p.A.

NameCategory and Sector
Oil & Gas Production
Oil & Gas Production
Gas Distributors
Gas Distributors

Natural Gas Distribution

Change 5-day change 1-year change 3-year change Capi.($)
0.00%+3.00%+52.91%+90.01% 12.52B
+0.04%-.--%-.--%-.--% 55.5B
-0.88%-1.31%+0.45%-1.60% 16.24B
+0.55%-4.58%-3.93%-3.53% 8.39B
+3.39%+8.35%+4.81%+56.41% 8.07B
-1.85%0.00%-13.21%+11.29% 7.76B
+0.75%+0.52%-3.23%+26.46% 7.51B
-6.84%-9.02%-28.67%-55.74% 6.93B
+1.12%+0.33%+24.28%+39.84% 6.44B
+1.12%-0.58%+23.44%+15.01% 5.56B
Average -0.18%+1.17%+5.68%+17.82% 13.49B
Weighted average by Cap. -0.13%+3.06%+4.72%+13.09%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
10.65EUR
Average target price
10.71EUR
Spread / Average Target
+0.59%

Quarterly revenue - Rate of surprise

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