The group’s positive performance continues on the 9-month mark with revenues increasing 3.6% to €56bn, EBITDA increased by 4.9% to €12.1bn and, on an adjusted basis, it reached €11.8bn with a 3.7% increase. Operating profit decreased by 11.7% to €6.3bn due to €781m of impairment charges in Russia (€417m), Slovakia (€273m) and Romania (€273m). Despite the impairment charges, reported net income still increased by 7.3% ytd to €2.09bn, translati
13 Nov 2015
Long-term strategy offsets poor performance in Italy and Eastern Europe
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Long-term strategy offsets poor performance in Italy and Eastern Europe
Enel SpA (ENEL:WBO) | 0 0 1.5% | Mkt Cap: 49,420m
- Published:
13 Nov 2015 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The group’s positive performance continues on the 9-month mark with revenues increasing 3.6% to €56bn, EBITDA increased by 4.9% to €12.1bn and, on an adjusted basis, it reached €11.8bn with a 3.7% increase. Operating profit decreased by 11.7% to €6.3bn due to €781m of impairment charges in Russia (€417m), Slovakia (€273m) and Romania (€273m). Despite the impairment charges, reported net income still increased by 7.3% ytd to €2.09bn, translati