Hera stock holds at EUR 3.632 as EBITDA rises

Published on 09/23/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hera stock closed at EUR 3.632 on September 21, 2026, while first-half EBITDA reached EUR 726.7 million. Revenue fell to EUR 6.506 billion.

Industrieanlage mit Wassertanks und Schornstein bei Sonnenaufgang, Symbolbild für Hera S.p.A — Fotorealistische Industrieanlage symbolisiert Hera S.p.A. mit ISIN IT0000062825 im italienischen Multi-Utility-Sektor bei Sonnenaufgang eindrucksvoll, Illustration mit AI erstellt.

Hera stock (ISIN IT0000062825) closed at EUR 3.632 on Borsa Italiana on September 21, 2026, with a daily change of 0.00 percent. The latest reported first-half figures show EBITDA rising to EUR 726.7 million from EUR 721.7 million a year earlier, while revenue declined to EUR 6.506 billion from EUR 7.217 billion.

EBITDA improves as revenue falls

According to MarketScreener on September 22, 2026, Hera reported first-half 2026 revenue of EUR 6.506 billion and EBITDA of EUR 726.7 million. Compared with first-half 2025, revenue decreased by EUR 711 million, while EBITDA increased by EUR 5 million.

The contrast puts operating performance ahead of the top line in the current reading of the business. Second-quarter 2026 revenue stood at EUR 2.942 billion and EBITDA at EUR 307.8 million, following first-quarter revenue of EUR 3.564 billion and EBITDA of EUR 418.9 million.

Market value remains near EUR 5.4 billion

Market data dated September 22, 2026, placed Hera's market capitalization at EUR 5.378 billion. A Borsa Italiana quote snapshot showed EUR 3.648 and turnover of EUR 8.91 million, providing a later market reference than the September 21 closing price.

The share price and operating figures point in different directions: the stock was flat at the September 21 close, while first-half EBITDA grew by EUR 5 million year over year despite the EUR 711 million revenue decline. That comparison makes margin resilience more important than headline sales growth in the current investor narrative.

Hera stock remains tied to operating delivery

The first-half 2026 numbers give investors two measurable signals for the next update: EBITDA of EUR 726.7 million and revenue of EUR 6.506 billion. The difference from the prior-year figures, EUR 721.7 million and EUR 7.217 billion, shows that improved EBITDA did not come from higher reported revenue.

Hera stock closed at EUR 3.632 on Borsa Italiana on September 21, 2026, with no percentage change from the prior close. The market capitalization was EUR 5.378 billion as of September 22, 2026.