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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.083 | 1.34% | 6.264 | 6.264 | 6.265 | 6.297 | 6.197 | 6.20 | 12,618,035 | 10:41:10 |
By Pietro Lombardi
Enel SpA (ENEL.MI) confirmed its targets for the year after first-half net profit rose 9.7% supported by growing revenue.
Net profit for the period was 2.22 billion euros ($2.47 billion) compared with EUR2.02 billion a year earlier, the Rome-based energy company said Thursday.
Revenue rose 8.2% to EUR38.99 billion.
Earnings before interest, taxes, depreciation and amortization grew roughly 13%.
"Networks and renewables are once again confirmed as Enel's drivers of growth, fueled by a 33% increase in development capex versus last year," Chief Executive Francesco Starace said.
The company confirmed its 2019 targets and is confident it will reach its medium-term goals.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
August 01, 2019 12:13 ET (16:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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