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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.071 | 1.17% | 6.12 | 6.10 | 6.133 | 6.139 | 6.03 | 6.031 | 38,175,354 | 02:01:43 |
From Apr 2019 to Apr 2024
By Olivia Bugault
Enel SpA said Thursday that earnings before interest, taxes, depreciation, and amortization and revenue fell in 2020, citing preliminary results.
The Rome-based energy company said revenue for the year fell 19% to 65 billion euros ($78.20 billion). The decline is partly due to "lower revenues in End-user markets, caused by lower sales of gas and electricity in Spain and Italy, mostly due to the effects of the COVID-19 outbreak," as well as lower revenues at its infrastructure and networks division, it said.
Earnings before interest, tax, depreciation and amortization fell 5.1% on year to EUR16.8 billion. Ordinary Ebitda, which is adjusted for one-offs including acquisitions or disposals, came in at EUR17.9 billion, in line with the company's expectations and 2019's figure, it said.
Enel reported net debt of EUR45.4 billion at year-end, compared with EUR45.2 billion the previous year and above the company's expectations, it said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
February 04, 2021 12:42 ET (17:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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