Italgas started Turin service and Italgas stock costs EUR 8.32

Published on 10/13/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue was EUR 663.00 million versus EUR 666.39 million expected. Italgas stock costs EUR 8.32 on October 13, 2026.

Key points in brief

Italgas started managing the Turin 5 gas distribution area on October 5, 2026, with more than EUR 87.00 million of planned investment.
Second-quarter 2026 revenue was EUR 663.00 million versus EUR 666.39 million expected, while net income reached EUR 207.40 million.
Italgas stock was trading at EUR 8.32 at Lang & Schwarz on October 13, 2026 at 9:44 a.m. CEST, with market capitalization of EUR 8.5 billion.

Isometrische 3D-Illustration der Gasverteilung von Quelle bis zum Haushalt — Isometrische 3D-Grafik der Gas-Wertschöpfungskette veranschaulicht das Geschäftsmodell von Italgas S.p.A. (IT0005211237) von Quelle bis Haushalt, Illustration mit AI erstellt.

Italgas started managing the Turin 5 gas distribution area and Italgas stock was trading at EUR 8.32 at Lang & Schwarz on October 13, 2026 at 9:44 a.m. CEST. In its October 5, 2026 release, Italgas said the project would involve more than EUR 87.00 million of investment across 76 municipalities.

Three dated steps in expansion

On March 27, 2026, Italgas signed a 12-year service contract for the Turin 5 area. On September 11, 2026, Italgas joined GRDF and Cadent in an alliance involving three network operators.

On October 2, 2026, Italgas signed an agreement to acquire a 22.50 percent stake in Floene, according to Italgas. The sequence shows an expansion strategy built around regulated networks, infrastructure investment and selected international assets.

What does Turin add?

The Turin 5 area includes 58,000 customers, while the existing gas network already serves 64 municipalities. The planned investment will extend the network, modernize facilities and replace traditional meters with electronic meters, giving the project an operating footprint beyond the initial contract award.

For investors, the latest quarterly figures provide a useful counterweight to the expansion story. According to TradingView, second-quarter 2026 revenue was EUR 663.00 million versus EUR 666.39 million expected. The same source reports quarterly net income of EUR 207.40 million, up EUR 28.50 million from EUR 178.90 million in the first quarter of 2026.

Next results date

Italgas lists October 29, 2026 for the presentation of its third-quarter 2026 results. That report will show whether the recent earnings trajectory is translating into the operating performance needed to support the investment program.

Stock remains below yearly high

Italgas stock was trading at EUR 8.32 at Lang & Schwarz on October 13, 2026 at 9:44 a.m. CEST. The primary listing is on Borsa Italiana, and the market capitalization was EUR 8.5 billion on October 13, 2026; the 52-week range was EUR 8.05 to EUR 11.30.

The further course of trading is shown by the continuously updated real-time quote of Italgas stock.