EDP released a weak set of results, marked by an €18m negative one-off, Portugal’s tightening Networks regulation and adverse forex impact in Brazil, more than offsetting the positive performance of Renewables whose growth was fuelled by improved wind conditions and higher installed capacity.
11 May 2018
Regulation and FX headwinds weigh on EDP’s Q1 results
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Regulation and FX headwinds weigh on EDP’s Q1 results
EDP-Energias de Portugal SA (EDP:FRA) | 0 0 1.5% | Mkt Cap: 10,242m
- Published:
11 May 2018 -
Author:
Edouard Enault -
Pages:
3
EDP released a weak set of results, marked by an €18m negative one-off, Portugal’s tightening Networks regulation and adverse forex impact in Brazil, more than offsetting the positive performance of Renewables whose growth was fuelled by improved wind conditions and higher installed capacity.