Iren, they keep the profits and the dividend goes up. The CEO White: “a solid model”

A good resilience of margins and profits, a jump in investments to 685 million (+ 30.7%) and a dividend up to € 0.095 per share. This, in summary, is Iren’s 2020, which also saw a drop in revenues to 3.7 billion (-12.8%), mainly due to the drop in commodity prices, the mild climate and the effects of the lockdown. A picture promoted by the market where the title has closed up by 2.2% to 2.3 euros in a positive day for the whole sector in Europe.

The solidity of the business model

The…