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Hera maintains a balanced development between regulated activities (integrated water service, collection and disposal of urban waste, distribution of methane gas and electricity, district heating) and liberalised activities (sale of methane gas and electricity, disposal of special waste and public-lighting services) in terms of contribution to EBITDA.

The effectiveness and the low risk profile, associated with this balanced multi-business approach, are particularly obvious if one notes the continued and uninterrupted growth in consolidated EBITDA over the years, even in a period of economic crisis like the one currently affecting all Western countries.

 
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