Enel has published positive H1 figures in spite of adverse conditions in Iberia and a weak hydro environment. H1 revenues increased by 6.3% to €36.32bn. Ordinary EBITDA fell by 5.0% to €7.53bn, mainly due to one-offs and perimeter effects. Net of perimeter, EBITDA would have been slightly down (-3.3%). The decline was mainly attributable to the weak results in Iberia, partially offset by the good performance in Italy and Latin America, higher prices and retail volumes. Adjusted net
28 Jul 2017
Resilient H1 figures in spite of challenging conditions
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Resilient H1 figures in spite of challenging conditions
Enel SpA (ENEL:WBO) | 0 0 1.5% | Mkt Cap: 49,420m
- Published:
28 Jul 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Enel has published positive H1 figures in spite of adverse conditions in Iberia and a weak hydro environment. H1 revenues increased by 6.3% to €36.32bn. Ordinary EBITDA fell by 5.0% to €7.53bn, mainly due to one-offs and perimeter effects. Net of perimeter, EBITDA would have been slightly down (-3.3%). The decline was mainly attributable to the weak results in Iberia, partially offset by the good performance in Italy and Latin America, higher prices and retail volumes. Adjusted net