The Ordinary Shareholders' Meeting of Compagnia Valdostana delle Acque S.p.A. a s.u. (“CVA” - “CVA Group”) was held today in Aosta.
APPROVAL OF THE 2025 FINANCIAL STATEMENTS
The Shareholders’ Meeting approved the separate financial statements of CVA S.p.A. and acknowledged the consolidated financial statements of the CVA Group for the year ended 31 December 2025.
The consolidated financial statements report the following results:
- Revenue: €1.18 billion
- EBITDA: €357 million
- Total net profit: €177 million
The consolidated financial statements include the sustainability statement as at 31 December 2025, prepared pursuant to Legislative Decree No. 125 of 6 September 2024, implementing Directive (EU) 2022/2464 (Corporate Sustainability Reporting Directive, CSRD).
DIVIDEND DISTRIBUTION
The Shareholders' Meeting approved the distribution of a dividend of €75 million.
APPOINTMENT OF THE BOARD OF DIRECTORS
The Shareholders' Meeting appointed the new Board of Directors for three financial years.
The following members were appointed:
- Chairman – Monica DE VIRGILIIS
- Chief Executive Officer – Giovanni Gianfilippo MANCINI
- Board Member – Stefano DISTILLI
- Board Member – Patrick ACTIS PERINETTO
- Board Member – Laura BROCCARDO
- Board Member – Helga GARUZZO
- Board Member – Alessandra FERRARI
BOARD OF STATUTORY AUDITORS
The current Board of Statutory Auditors, appointed by the Shareholders' Meeting held on 27 June 2025 and in office until the date of the Shareholders' Meeting convened to approve the financial statements as at 31 December 2027, is composed as follows:
- Chairman – Riccardo MICHELUTTI
- Standing Auditor – Cristina CHIANTIA
- Standing Auditor – Franco GRIECO
- Alternate Auditor – Luca Giuseppe PIOVANO
- Alternate Auditor – Mariarosa SCHEMBARI