HERA S.P.A. financials
HERA S.P.A.
Country: IT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
8156009414FD99443B48 Financial statements
(EUR, as reported — unscaled; 112 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €12.81B | €12.89B |
| Employee benefits expense | €707.2M | €667.5M |
| Raw materials & consumables used | €7.15B | €7.06B |
| Operating profit (EBIT) | €802.9M | €829.9M |
| Net finance income / (cost) | -€108.6M | -€106.0M |
| Finance costs | €233.5M | €308.5M |
| Profit before tax | €710.8M | €736.2M |
| Income tax expense | €202.5M | €200.3M |
| Profit for the year | €508.3M | €535.9M |
| — attributable to owners | €464.3M | €494.5M |
| — attributable to NCI | €44.0M | €41.4M |
| Total comprehensive income | €515.2M | €481.2M |
| Cash flow statement | ||
| Net cash from operating activities | €1.22B | €853.0M |
| Income taxes paid | €165.0M | €193.3M |
| Net cash from investing activities | -€1.08B | -€804.6M |
| Purchase of PP&E (capex) | €340.8M | €282.1M |
| Purchase of intangibles | €687.1M | €578.2M |
| Net cash from financing activities | -€610.7M | -€65.6M |
| Dividends paid | €274.3M | €248.8M |
| Lease liability payments | €24.5M | €20.6M |
| Balance sheet | ||
| Total assets | €14.13B | €15.06B |
| Non-current assets | €9.29B | €8.80B |
| Property, plant & equipment | €2.32B | €2.16B |
| Right-of-use assets | €92.3M | €84.2M |
| Intangible assets & goodwill | €950.0M | €933.0M |
| Current assets | €4.84B | €6.26B |
| Inventories | €213.2M | €168.1M |
| Trade & other receivables | €2.61B | €3.17B |
| Cash & equivalents | €845.3M | €1.32B |
| Total equity | €4.40B | €3.99B |
| — attributable to owners | €4.08B | €3.68B |
| Non-controlling interests | €318.3M | €306.8M |
| Non-current liabilities | €5.32B | €5.13B |
| Lease liabilities (non-current) | €62.4M | €54.7M |
| Current liabilities | €4.41B | €5.95B |
| Lease liabilities (current) | €24.4M | €24.4M |
| Deferred tax liabilities | €155.4M | €144.8M |
| Derived metrics | ||
| Free cash flow | €884.0M | €570.9M |
| Operating margin | 6.3% | 6.4% |
| Net margin | 4.0% | 4.2% |
| Return on equity | 11.6% | 13.4% |
| Cash conversion ratio | 2.41× | 1.59× |
| Capex coverage | 3.59× | 3.02× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €26.0M | -€39.5M |
| Adjustments For Decrease Increase In Trade Account Receivable | -€403.2M | €800.9M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €591.7M | €563.4M |
| Adjustments For Finance Income Cost | €108.6M | €106.0M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -€9.5M | -€10.0M |
| Adjustments For Increase Decrease In Trade Account Payable | €886.8M | €49.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -€16.5M | -€12.3M |
| Basic Earnings Loss Per Share From Continuing Operations | €0.32 | €0.34 |
| Cash Flows From Used In Operations Before Changes In Working Capital | €1.45B | €1.54B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €25.1M | €33.1M |
| Comprehensive Income Attributable To Noncontrolling Interests | €46.3M | €31.5M |
| Comprehensive Income Attributable To Owners of Parent | €468.9M | €449.7M |
| Current Advances | €26.1M | €203.2M |
| Current Contract Assets | €89.5M | €263.9M |
| Current Derivative Financial Assets | €178.5M | €182.4M |
| Current Derivative Financial Liabilities | €203.0M | €207.4M |
| Current Financial Assets | €75.1M | €23.1M |
| Current Financial Liabilities | €611.9M | €1.23B |
| Current Tax Assets Current | €56.2M | €31.3M |
| Current Tax Liabilities Current | €12.8M | €48.2M |
| Deferred Tax Assets | €340.1M | €342.9M |
| Diluted Earnings Loss Per Share From Continuing Operations | €0.32 | €0.34 |
| Dividends Received Classified As Operating Activities | €14.4M | €12.8M |
| Equity and Liabilities | €14.13B | €15.06B |
| Finance Costs Paid Classified As Operating Activities | €174.7M | €192.6M |
| Finance Income | €124.9M | €202.5M |
| Finance Income Received Classified As Operating Activities | €68.3M | €56.8M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €100.0K | -€20.5M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €100.0K | €300.0K |
| Increase Decrease In Cash and Cash Equivalents | -€470.3M | -€17.2M |
| Increase Decrease In Working Capital | €27.5M | -€372.2M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Transfers and Other Changes Equity | €100.0K | €1.0M |
| Increase Decrease Through Treasury Share Transactions | €148.1M | -€6.5M |
| Intangible Assets Other Than Goodwill | €5.24B | €4.95B |
| Investments In Associates Accounted For Using Equity Method | €137.2M | €127.3M |
| Issue of Equity | €1.0M | €200.0K |
| Liabilities | €9.73B | €11.07B |
| Noncurrent Financial Assets | €151.8M | €158.0M |
| Noncurrent Financial Liabilities | €4.32B | €4.15B |
| Noncurrent Provisions For Employee Benefits | €74.3M | €79.9M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €0 | €400.0K |
| Other Comprehensive Income Before Tax Cash Flow Hedges | €500.0K | -€72.7M |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | €6.6M | -€3.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €100.0K | €1.8M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €400.0K | -€52.2M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | €6.5M | -€3.8M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €100.0K | €1.4M |
| Other Current Assets | €778.5M | €1.10B |
| Other Current Liabilities | €1.70B | €1.51B |
| Other Expense By Nature | €87.0M | €97.3M |
| Other Inflows Outflows of Cash Classified As Investing Activities | -€37.3M | €81.2M |
| Other Longterm Provisions | €706.0M | €693.1M |
| Other Noncurrent Financial Assets | €54.0M | €47.3M |
| Other Revenue | €156.6M | €154.7M |
| Other Work Performed By Entity and Capitalised | €126.6M | €89.3M |
| Payments From Changes In Ownership Interests In Subsidiaries | €254.9M | €1.3M |
| Payments To Acquire Or Redeem Entitys Shares | -€148.1M | €6.5M |
| Proceeds From Changes In Ownership Interests In Subsidiaries | €900.0K | €0 |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €5.6M | €8.0M |
| Proceeds From Issuing Other Equity Instruments | €1.0M | €1.3M |
| Proceeds From Noncurrent Borrowings | €702.9M | €471.1M |
| Proceeds From Other Longterm Assets Classified As Investing Activities | €300.0K | €0 |
| Repayments of Noncurrent Borrowings | €122.3M | €7.9M |
| Retained Earnings Profit Loss For Reporting Period | €464.3M | €494.5M |
| Services Expense | €3.61B | €3.72B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -€100.0K | -€100.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €16.5M | €12.3M |
| Trade and Other Current Payables To Trade Suppliers | €1.84B | €2.72B |
Methodology
Every line item above is a fact tagged in HERA S.P.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.