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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Enel Spa | BIT:ENEL | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.008 | 0.13% | 6.25 | 6.24 | 6.30 | 6.327 | 6.228 | 6.281 | 22,061,520 | 17:00:00 |
By Mauro Orru
Endesa SA said Tuesday that its net profit for 2019 plunged 87.9% from the previous year as an impairment charge took its toll.
The Spanish utility company--part of Enel SpA--reported net profit of 171 million euros ($185.3 million) for the year down from EUR1.42 billion the previous year, citing an impairment of EUR1.11 billion in relation to mainland coal-fired thermal generation assets and EUR304 million for cash-generating units in non-mainland territories.
Revenue fell 0.2% to EUR20.16 billion for the same period, lower than the EUR20.68 billion analysts expected, according to FactSet.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
February 25, 2020 03:18 ET (08:18 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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