The Board of Directors of CVA S.p.A. approves the draft 2025 financial statements

The Board of Directors of CVA today approved the draft consolidated financial statements. The results confirm the Group’s financial and economic strength and the further consolidation of its position as a 100% green operator.

Clarification regarding the CVA Group’s financial structure

With regard to recent reports in the local media concerning the CVA Group’s debt, reported as one billion euros, the company considers important to provide investors, stakeholders and the general public with certain information to aid a correct understanding of its financial position.

Update on the approval process for the Group’s Consolidated Financial Statements

CVA S.p.A. announces that further analysis and assessment activities are currently underway, aimed at ensuring the completeness and reliability of the Group’s financial information. Consequently, the approval process for the Consolidated Financial Statements will extend beyond the timeframes ordinarily envisaged.

Highlights of consolidated technical and economic data relating to the 2025 pre-closing results

The Board of Directors of CVA S.p.A. approved the pre-closing results of the CVA Group as at December 31, 2025.

CVA: Moody’s affirms Baa2 rating with stable outlook

Moody's Ratings has today affirmed its long-term issuer rating of Baa2 with a stable outlook.

Highlights of the consolidated 2025 forecast

On December 19, 2025, the Board of Directors of CVA S.p.A. approved an update to the 2025 forecast for the Group's consolidated financial statements.