Share performance

In 2010 Terna’s shares recorded a positive performance on the stock exchange, bucking the trend of both the average Italian blue chip and the average of European utility. The shares gained 5.3% against a loss of 13.2% of the FTSE MIB and 8.4% of the DJ STOXX Utilities. In 2010 Terna was the only European utility to reach its all-time high, hitting 3.3925 euro per share in November.   

Compared to 2009, the volume traded increased by 16%, amounting to an increase in total value traded (i.e. volume x price) of more than 41%.

From its listing (June 23, 2004) to the end of 2010, Terna out-performed both the Italian market and the industry, with an appreciation of 85.9% (compared to FTSE-MIB 27.7% and DJ Stoxx Utilities +28%) and a total shareholder return of 171.8% (compared to FTSE-MIB -7% e DJ Stoxx Utilities +73.6%).

In the first quarter of 2011, the performance of the shares was boosted by a series of innovations: the presentation of the Strategic Plan, the 2010 results, and the sale of the photovoltaic project enabled the shares to out-perform the industry with a gain of 6.9%, compared to the 2.1% of the DJ Stoxx Utilities.

Furthermore, on April 4 the shares recorded their all-time high of 3.418 euro per share.