Italgas SpA - Company Profile
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Italgas SpA (Italgas) specializes in the distribution of natural gas. The company's major activities include the distribution of gas to homes and businesses, ensuring network efficiency, and providing emergency services. It is also involved in the modernization and digitization of the gas network, including the installation of smart meters. Italgas serves a wide range of customers, from households to businesses, for measuring their gas consumption. The company serves industrial, residential, and commercial customers. It has an operational presence in Italy and Greece. Italgas is headquartered in Milan, Lombardia, Italy.
Headquarters
Italy
Address
Via Carlo Bo 11, Milano, Lombardia, 20143
Website
www.italgas.it/it
No of Employees
6,210
Industry
Energy and Utilities
Ticker Symbol & Exchange
IG (BIT)
Revenue (2024)
$4.0B
41.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
40.4%
(2024 vs 2023)
Market Cap*
$9.7B
Net Profit Margin (2024)
XYZ
-0.8%
(2024 vs 2023)
* As of and is in US$
Italgas SpA premium industry data and analytics
Products and Services
| Services |
|---|
| Natural Gas Metering |
| Storage and Distribution of Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In October, the company entered into an agreement to acquire a 100% stake in Meet Europe Natural Gas from Marubeni Corporation and Toho Gas Co. Ltd. |
| 2026 | Contracts/Agreements | In September, the company, Cadent and GRDF (Gaz Reseau Distribution France) signed an MoU to develop renewable and low-carbon gases and enhance distribution networks. |
| 2026 | Others | In July, the company activated its 15th biomethane connection in Saluzzo, Cuneo. |
Competitor Comparison
| Key Parameters | Italgas SpA | A2A SpA | Inrete Distribuzione Energia Spa | Mediterranea Energia |
|---|---|---|---|---|
| Headquarters | Italy | Italy | Italy | Italy |
| City | Milano | Milano | Bologna | Manfredonia |
| State/Province | Lombardia | Lombardia | - | Puglia |
| No. of Employees | 6,210 | 15,071 | - | - |
| Entity Type | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paolo Ciocca | Chairman | Executive Board | - | - |
| Gallo Paolo | Chief Executive Officer; Director | Executive Board | 2016 | 63 |
| Pierre La Tour | Chief Financial Officer | Senior Management | - | - |
| Peter Durante | Chief People Officer; Chief Innovation Officer; Chief Transformation Officer | Senior Management | - | 52 |
| Germana Mentil | General Counsel | Senior Management | - | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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