Like a few other peers in the sector, the normalization in energy prices
weighed on Enel’s revenues in the Q1 which recorded a 22.6% drop to
€26.141bn. This was owing, in particular, to Thermal Generation and Trading as well as the End-user (retail) market. The Italian utility remains however confident in its ability to achieve its assets disposal plan and net debt reduction target for the year. The new touchy topic is now focused on governance and the ew board to lead the Italian liner.

05 May 2023
Q1-23: Green Power and Grids took the lead on Enel's growth

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Q1-23: Green Power and Grids took the lead on Enel's growth
Enel (ENEL:BIT), 0 | Enel SpA (ENEL:MIL), 0
- Published:
05 May 2023 -
Author:
Olivier de Wismes -
Pages:
3 -
Like a few other peers in the sector, the normalization in energy prices
weighed on Enel’s revenues in the Q1 which recorded a 22.6% drop to
€26.141bn. This was owing, in particular, to Thermal Generation and Trading as well as the End-user (retail) market. The Italian utility remains however confident in its ability to achieve its assets disposal plan and net debt reduction target for the year. The new touchy topic is now focused on governance and the ew board to lead the Italian liner.