New installed wind capacity and the good performance of the gas division more than offset the unfavourable wind and hydro conditions. In all, EBITDA slightly increased, but the net income was impacted by the higher amortisation. Full-year guidance was confirmed.
14 Nov 2019
Q3: disappointing results due to poor weather conditions
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Q3: disappointing results due to poor weather conditions
ERG S.p.A. (ER9:FRA) | 0 0 0.5% | Mkt Cap: 2,411m
- Published:
14 Nov 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
2
New installed wind capacity and the good performance of the gas division more than offset the unfavourable wind and hydro conditions. In all, EBITDA slightly increased, but the net income was impacted by the higher amortisation. Full-year guidance was confirmed.