Italgas S.p.A. (ITGGF) Q2 2026 Earnings Call July 27, 2026 10:00 AM EDT
Company Participants
Anna Scaglia – Head of Investor Relations
Paolo Gallo – CEO, GM & Director
Pierre La Tour
Conference Call Participants
Javier Suarez Hernandez – Mediobanca – Banca di credito finanziario S.p.A., Research Division
James Brand – Deutsche Bank AG, Research Division
Francesco Sala – Banca Akros S.p.A., Research Division
Presentation
Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Italgas First Half 2026 results. [Operator Instructions]
At this time, I would like to turn the conference over to Ms. Anna Maria Scaglia, Head of IR of Italgas. Please go ahead, madam.
Anna Scaglia
Head of Investor Relations
Hi. Good afternoon, everyone. It’s Anna Maria here. I’m here with our CEO, Paolo Gallo; and our CFO, Pierre La Tour, and they will run through the presentation today. As usual, there will be the Q&A at the end of the presentation. I leave now the floor to our CEO, Paolo Gallo.
Paolo Gallo
CEO, GM & Director
Good afternoon, and it’s great to be back here just one month after we launched and we delivered the new strategic plan ’26-’32, and I’m pleased to say that we are fully on track on what we are going to deliver in the coming years.
Let me start with the major achievement we reached in our first semester 2026. First, we continue to deliver solid double-digit growth that is driven by organic growth, perimeter change, 2i Rete Gas enlargement and the benefit arising from the cost synergies linked to the integration of 2i Rete Gas.
As you can see, synergies, as you can see in the numbers, synergies and efficiency continue to progress steadily and rapidly. We have already achieved 42% of the 2032 target. The 2032 target is the
