The ordinary shareholders’ meeting of Compagnia Valdostana delle Acque – CVA S.p.A. examined and approved the 2022 consolidated financial statement. Results highlight very good economic, industrial and sustainability performances.
Economic results
In 2022, CVA Group’s revenue is of 1,728 million euros with an increase of 143% against last year’s 710 million euros. Together with its 647 employees (+8,8% the employment rate in 2022, 98,5% permanent contracts), the Group reached a net profit of 163,9 million euros, compared to 133,4 million euros in 2021, when such result was positively influenced by exceptional items of 48,3 million euros due to effects of income taxes (because of Law n.126, October 2020 on revaluation and realignment). The 2022 operating result is, therefore, increased by 89,1% net of non- recurring items compared to 2021. With regard of ante taxes, 2022 result is instead increased of 97,45% compared to 2021.
| Thousands of € | 2022 | 2021 | 2020 |
|---|---|---|---|
| Revenue | 1,728,280 | 710,645 | 536,182 |
| EBITDA | 295,281 | 193,412 | 152,458 |
| EBIT | 236,187 | 132,069 | 87,198 |
| Group net result | 163,975 | 133,441 | 59,997 |
Consolidated Financial Statement 2022
Dividend
CVA Ordinary shareholder meeting deliberated an ordinary dividend of 95 million euros.
Non - Financial Consolidated Statement
The ordinary shareholder meeting acknowledged the 2022 Non-Financial Consolidated Statement. In 2022 the CVA Group successfully pursued its integrated growth strategy on economic, environmental, and social value creation.
Non-Financial Consolidated Statement 2022
Appointed company organs
On June 16th, 2023, the CVA S.p.A. ordinary shareholder meeting appointed ad president of the Board of Auditors Dr. Pierpaolo Imperial as a substitute of dimissionary Dr. Gianni Giuseppe Odisio