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CIR CIR SpA

0.602
-0.018 (-2.90%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CIR SpA BIT:CIR Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.018 -2.90% 0.602 0.602 0.614 0.614 0.601 0.612 725,485 02:01:17

Italy's Sorgenia 09 Net Profit EUR66.9 Million, Boosted By Tax Credit

02/03/2010 4:18pm

Dow Jones News


CIR (BIT:CIR)
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Italian energy company Sorgenia SpA Tuesday said 2009 net profit was basically unchanged from a year earlier as a tax credit more than offset weaker demand from the economic recession.

Sorgenia said full-year net profit EUR66.9 million versus EUR66.7milliono a year earlier, while earnings before interest, taxes, depreciation and amortization, or Ebitda, fell 44% to EUR117.8 million.

Sorgenia also said it started running its new combined cycle gas turbine facility in the southern Italian location of Modugno with an installed capacity of 800 megawatts.

The company is controlled by CIR SpA (CIR.MI) and Austrian utility Verbund AG (VER.VI).

Company Web site: www.sorgenia.it

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

Order free Annual Report for VERBUND

Visit http://djnweurope.ar.wilink.com/?ticker=AT0000746409 or call +44 (0)208 391 6028

 
 

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