A2A has completed a volatile 2025 with both revenue and investment growth, although their margins and profits took a hit due to a return to normal hydroelectric production levels following a record year in 2024. The company's CEO, Renato Mazzoncini, during the presentation of the annual numbers, expressed his willingness to accept a new mandate just weeks before his term ends, as he reaffirmed estimates for 2026 and announced a 4% increase in dividends. The financial uplift is particularly welcomed by shareholder municipalities of Milan and Brescia, who will receive over 80 million euros.

Adjusted revenue for A2A reached 14 billion euros, a 9% increase, primarily driven by higher electricity sales volumes and the consolidation of the Duereti company. However, the adjusted EBITDA experienced a 4% decrease to 2.243 billion euros, while net profit fell 16% to 686 million euros. Despite these mixed financial results, the company managed to increase investments by 11% to 1.681 billion euros, demonstrating a proactive approach amidst fluctuating market conditions.