IREN bond up by 65%
In 2016, the FTSE Italia All-Share reported a decrease of 6.8%, which was mainly linked to the negative performance of the banking sector.
This result can also be attributed to the effects of the ongoing situation of uncertainty and the fragility of the global economy, marked by oil weakness, especially in the first part of the year.
Within this macro-economic context, the Iren bond grew by around 7.4%, recording - for the second consecutive year - the biggest increase in value out of its most direct competitors. This performance mainly results from the positive results reported by the Group during the year, connected to the efficiency, integration and growth projects outlined in the 2021 Business Plan.
Performance of the Iren bond in 2016