A2A Nine-Month Adjusted Net Profit Falls 14% to €473 Million
A2A reported a 14% year-on-year decline in nine-month adjusted net profit to €473 million, citing investments, higher concession fees and drought effects on hydroelectric production.
Italian utility A2A MIL:A2A reported a 14% drop in its nine-month adjusted net profit to €473 million ($531 million) on Tuesday, continuing a steady decline this year affected by investments, higher concession fees and drought effects on hydroelectric power production.However, CEO Renato Mazzoncini…