TRM-Iren Group, shareholders' meeting approves 2024 Financial Statements

30 aprile 2024

TRM's Shareholders' Meeting, held under the chairmanship of Alessandro Battaglino, approved the 2024 Financial Statements, which closed with over 114 million euros in revenues, down by about 8 million euros compared to the 2023 figure as a result of the slowdown in activities due to significant interventions, both extraordinary maintenance on the plant and technological updating and process improvements. The 2024 results also recorded an EBITDA of over 71 million euros and a net profit of approximately 32 million euros.

 

In 2024, the plant treated about 572 thousand tonnes of waste, producing 362 thousand MWh of electricity, sufficient for the annual needs of about 160 thousand households, and 121 thousand MWh of thermal energy transferred to the district heating network, equal to the heating of more than 8,700 homes - figures that confirm TRM's constant contribution to environmental sustainability.

 

The Shareholders' Meeting also approved the distribution of a total dividend of approximately 30 million euros to shareholders, including local public bodies present in TRM's shareholding structure.

 

TRM President Alessandro Battaglino stated: "The 2024 results confirm the strategic importance of the Turin plant in Piedmont's integrated waste cycle, thanks to the efficiency of the company's processes and the great professionalism of all the staff and our partners. We continue to focus on local stakeholders, ensuring maximum transparency and continuous communication with citizens, as demonstrated by the important activity of opening the plant with visits and events that always record wide participation".