The group has released a good set of 9m figures which confirmed its positive path. EBITDA for the quarter fell 4% to €826m but is still slightly above market expectations, while adjusted EBITDA for the 9m rose 10% yoy to €2,836m mainly driven by improving conditions in Iberia and Brazil. Following the same path, a 13% decrease in net interest expenses has helped adjusted net income to increase by 17% yoy to €667m which is in line with expectations. On a reported basis, consolid
04 Nov 2016
First view: the positive path continues
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
First view: the positive path continues
EDP-Energias de Portugal SA (EDP:FRA) | 0 0 1.5% | Mkt Cap: 10,242m
- Published:
04 Nov 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
2
The group has released a good set of 9m figures which confirmed its positive path. EBITDA for the quarter fell 4% to €826m but is still slightly above market expectations, while adjusted EBITDA for the 9m rose 10% yoy to €2,836m mainly driven by improving conditions in Iberia and Brazil. Following the same path, a 13% decrease in net interest expenses has helped adjusted net income to increase by 17% yoy to €667m which is in line with expectations. On a reported basis, consolid