Share Name Share Symbol Market Type
EDP Energias DE Portugal SA EU:EDP Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.039 -0.86% 4.497 4.48 4.522 4.549 4.428 4.501 8,835,618 16:40:00

EDP 3Q Net Profit Drops on Brazilian Operations, Taxes

06/11/2012 5:50pm

Dow Jones News

EDP Energias DE Portugal (EU:EDP)
Historical Stock Chart

From Jan 2017 to Jan 2022

Click Here for more EDP Energias DE Portugal Charts.

LISBON--Portuguese energy company Energias de Portugal SA (EDP.LB) said Tuesday third-quarter net profit fell slightly because of lower contributions from operations in Brazil and higher income taxes.


-Net profit decreased slightly to 212.8 million euros ($272.4 million) in the third quarter from EUR215 million a year earlier. A Dow Jones Newswires poll of three analysts estimated a net profit of EUR181.8 million for the period.

-Earnings before interest, taxes, depreciation and amortization, or Ebitda, increased to EUR857.3 million from EUR829.8 million a year earlier.

-Ebitda from Brazilian operations fell 39% to EUR99.4 million.

-Income taxes soared to EUR114.2 million from EUR21.7 million a year ago.

Write to Carla Canivete of Webtexto at djmadrid@dowjones.com


1 Year EDP Energias DE Portugal Chart

1 Year EDP Energias DE Portugal Chart

1 Month EDP Energias DE Portugal Chart

1 Month EDP Energias DE Portugal Chart
ADVFN Advertorial
Your Recent History
EDP Energi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220116 19:57:29