Ascopiave SpA

Overview

AscopiaveSpA (Ascopiave), a subsidiary of Asco Holding SpA, is a utility company that distributes natural gas. It also operates in other sectors related to its core business, such as co-generation and heat management. The company owns concessions and direct assignments for the management of distribution of gas across municipalities in Italy. Ascopiave owns stake in Estenergy, which markets electric power and natural gas in the regions of Friuli Venezia-Giulia, Lombardy and Veneto. The company also operates in the water sector through its investment and by being a technological partner of Cogeide, which manages the integrated water service across towns within the Bergamo Province. It serves residential and commercial customers and municipalities across Italy. Ascopiave is headquartered in Pieve di Soligo, Veneto, Italy.
Key Stats
Address
Via Verizzo, 1030, Pieve Di Soligo, Veneto
Headquarters

Italy

Contact

39 0438 980098

No of Employees

463

Industry

Energy and Utilities

Ticker Symbol & Exchange​

ASC [BIT]

Revenue (2020)

$187 m

33.7% (2020 vs 2019)
Net Income (2020)

$67 m

-87.9% (2020 vs 2019)
Net Profit Margin

36 %

-90.9% (2020 vs 2019)
Market Cap *

$980 m

EPS *

$0.3

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Ascopiave SpAEni SpAEdison SpASnam SpA
Key Information
Headquarters Italy Italy Italy Italy
Headquarter City Pieve Di Soligo ROMA MILANO San Donato Milanese
Headquarter State/Province Veneto - - -
No. of Employees 463 31,436 4,814 3,249
Entity Type Public Public Public Public

Products & Services

Ascopiave is a utility service provider. The company’s key products and services include the following:

Products
  • Natural Gas
  • Electric Power
Services
  • Gas and Electricity Distribution
  • Heating
  • Online Bill Payment
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Riccardo Paggiaro Strategic Manager; Chief Financial Officer Senior Management 2018 - Mr. Riccardo Paggiaro has been the Chief Financial Officer and Strategic Manager of Ascopiave since October 2018. Prior to this,...
Cecconato Nicola Chairman; Chief Executive Officer Executive Board 2017 56 Mr. Nicola Cecconato has been the Chairman and Chief Executive Officer of Ascopiave Spa since May 2017. Previously, he served...
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History

Year Event Description
2021 Stake Sale In April, Ascopiave acquired 5% stake in Acsm Agam S.p.A., the lombardy-based multiutility operating in…
2020 Acquisitions/Mergers/Takeovers In February, the company acquired the shares of Acsm Agam SpA.
2020 Acquisitions/Mergers/Takeovers In January, the company acquired additional 0.4% stake in Hera SpA.
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Asco TLC SpA

Address

Via Friuli, 11, San Vendemiano - TV
Italy

Telephone

39 438 402661

Website

www.ascotlc.it
Ascotrade SpA

Address

Via Verizzo, 1030, Pieve di Soligo - TV
Italy

Telephone

39 438 907111

Website

www.ascotrade.it
Edigas Esercizio Distribuzione Gas S.p.A.

Address

Via San Francesco 3, Cernusco 20063, Sul Naviglio
Italy

Telephone

39 2 9210 6616

Website

http://www.edigas.it
Unigas Distribuzione Srl

Address

Via Lombardia 27, Nembro
Italy

Telephone

39 035 522292

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
18 Dec 2020 Ascopiave Acquires 100% Stake in Cart Acqua Acquisition Ascopiave SpA Cart Acqua S.r.l.
18 Jun 2020 Hera Acquires Additional 2% Stake In Ascopiave From A2A For US$20.6 Million Acquisition Hera SpA Ascopiave SpA
31 Jan 2020 A2A Acquires 4.16% Stake In Ascopiave From Amber Capital Acquisition A2A SpA Ascopiave SpA
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17 Jun 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
15 Apr 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit