As expected on the track of Q1, energy prices weighed on Enel’s revenues but the group succeeded in generating higher margins in the backdrop of a better operating performance by Enel Grids and its final customers of End-User Markets. The group confirmed its FY2023 ordinary EBITDA guidance of €20.4-21bn, a DPS of €0.43, and indicated c.60% of the €21bn asset disposal programme has already been achieved.