Revenue distribution by industry:

• Renewable energies: approx. 85%
• Oil and refinery: approx. 15%

TOP 3 markets and their percentage shares:

• Italy: approx. 50%
• France: approx. 20%
• Germany: approx. 15%

ERG S.p.A. has strongly focused on the renewable energy sector in recent years, especially on wind and solar energy. The majority of revenues come from the domestic market Italy, followed by significant markets in France and Germany. These markets benefit from the increasing demand for sustainable energy sources and the corresponding government subsidies.

Production Sites: Italy, Germany, France, United Kingdom, Poland, Spain

ERG S.p.A. is a leading company in the field of renewable energies and operates its production facilities mainly in Europe. The main production sites are located in Italy, where the company originated. In addition, ERG has expanded its presence in other European countries such as Germany, France, the United Kingdom, Poland, and Spain.

These sites are strategically chosen to maximize the use of wind and solar energy, enabling ERG to solidify its position as one of the leading providers of renewable energies in Europe.

Investments in Renewable Energies: €1.5 billion by 2027
Planned Capacity Expansion: 2 GW by 2027

ERG S.p.A. is pursuing a growth strategy that is heavily focused on expanding renewable energies. The company plans to invest approximately €1.5 billion by 2027 in expanding its capacities for renewable energies.

A key component of this strategy is increasing the installed capacity by 2 gigawatts, particularly in the areas of wind and solar energy. ERG S.p.A. aims to expand its geographical presence and invest in new markets to benefit from the global energy transition.

Furthermore, the company is focusing on technological innovations and efficiency improvements to strengthen its competitiveness and ensure sustainable growth.

Main raw materials: Natural gas, biomass, wind turbine components
Main importing countries: Norway, Germany, China

ERG S.p.A. is a leading company in the field of renewable energies, especially in wind and solar energy. For the operation and maintenance of their facilities, ERG S.p.A. imports various raw materials and materials.

Natural gas is mainly imported from Norway, as it is used as a transitional energy source in energy production. Biomass, which is needed for some of their facilities, often comes from Germany, which has a well-developed biomass industry.

For the expansion and maintenance of their wind turbines, ERG S.p.A. sources components such as rotor blades and turbines from China, which is a significant manufacturer of wind turbine components. These strategic partnerships and imports enable ERG to strengthen its position as a leading provider of renewable energies in Europe.

Market share in renewable energy generation in Italy: approximately 10% (2024)

EBITDA margin: 40% (2024)

ERG S.p.A. has established itself as one of the leading providers in the renewable energy sector in Italy. With a market share of around 10% in 2024, the company is well positioned to benefit from the growing demand for clean energy.

The high EBITDA margin of 40% indicates an efficient cost structure and strong operational performance. This gives ERG a significant competitive advantage over smaller or less efficient competitors.

Additionally, ERG is continuously investing in new technologies and projects to expand its capacities and further strengthen its market position. The strategic focus on renewable energies and portfolio diversification also contribute to a sustainable competitive advantage.

Institutional Investor Share: 45% (estimated, 2025)
Insider Buys/Sells: No significant transactions reported (2025)

The institutional investor share in ERG S.p.A. is estimated to be around 45%. This indicates a strong interest from institutional investors in the company, reflecting confidence in ERG's long-term strategy and stability.

There have been no significant insider buys or sells reported for the year 2025. This could suggest that the management and other insiders currently do not anticipate any significant changes in the valuation or strategic direction of the company.

Market share of ERG S.p.A.: Estimate: 5-7% in the European energy sector (2025)

Main competitors and their market shares:

1. Enel S.p.A.: 15-18%
2. Iberdrola S.A.: 12-15%
3. EDF (Électricité de France): 10-12%
4. RWE AG: 8-10%
5. E.ON SE: 7-9%
6. ENGIE S.A.: 6-8%
7. Vattenfall AB: 5-7%
8. ERG S.p.A.: 5-7%

ERG S.p.A. is a significant player in the renewable energy sector, especially in wind energy. The market share of ERG S.p.A. in the European energy sector is estimated at 5-7%, indicating a strong presence in specific niche markets.

ERG S.p.A.'s moat mainly lies in its specialization in renewable energies and its geographical diversification. The company has significantly invested in wind and solar energy in recent years, giving it an advantage in a growing market segment.

Compared to larger competitors like Enel and Iberdrola, which have extensive resources and broader geographical coverage, ERG S.p.A.'s moat is less pronounced. These larger companies often benefit from economies of scale, a wider product portfolio, and a stronger financial base.

Nevertheless, ERG S.p.A. can strengthen its position and expand its moat through its focus on renewable energies and strategic partnerships and acquisitions. Competition remains intense, and the ability to adapt to market changes will be crucial for long-term success.

Revenue Growth: 10% (2024) EBITDA Margin: 35% (2024) Investments in Renewable Energies: 500 million euros (2024)

ERG S.p.A. recorded a revenue growth of 10% in 2024, attributed to a successful expansion in the renewable energy sector. The EBITDA margin of 35% demonstrates strong operational efficiency and the ability to generate solid profits from revenues.

In 2024, the company made significant investments amounting to 500 million euros in renewable energies, highlighting its strategic focus on sustainable energy sources. These investments could lead to further growth and a stronger market position in the long term.

Given these factors, ERG S.p.A. appears well positioned to benefit from the increasing demand for renewable energies. This could make the stock an attractive investment for investors interested in sustainable and growth-oriented companies.

Dividend yield: 3.5% (2024)
Dividend history: Steady payout over the last 5 years

ERG S.p.A. has been paying out a consistent dividend in recent years, indicating a reliable dividend policy. The dividend yield was last around 3.5%, which is competitive compared to other companies in the energy sector.

The company has a stable financial foundation and benefits from a diversified portfolio in the renewable energy sector. These factors contribute to the reliability of dividend payments. Analysts expect ERG S.p.A. to maintain a similar dividend policy in the coming years.