Good half year results for the group. Revenues increased by 4.2% yoy to €37.63bn, with adjusted EBITDA similar to the previous year at €7.68bn, due to improved results in LatAm (+€272m), Iberia (+183m) and Renewables (+€57m), offsetting decreases in Italy (-€403m) and Western Europe (-€115m). Operating profit improved by 2.1% yoy to €5.08bn. Adjusted net income improved by 3.4% yoy to €1.6bn (5% above market expectations) although reported wise and incl
30 Jul 2015
Positive results amid slower Latin American restructuring and nuclear divestment
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Positive results amid slower Latin American restructuring and nuclear divestment
Enel SpA (ENEL:WBO) | 0 0 1.5% | Mkt Cap: 49,420m
- Published:
30 Jul 2015 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Good half year results for the group. Revenues increased by 4.2% yoy to €37.63bn, with adjusted EBITDA similar to the previous year at €7.68bn, due to improved results in LatAm (+€272m), Iberia (+183m) and Renewables (+€57m), offsetting decreases in Italy (-€403m) and Western Europe (-€115m). Operating profit improved by 2.1% yoy to €5.08bn. Adjusted net income improved by 3.4% yoy to €1.6bn (5% above market expectations) although reported wise and incl