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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.051 | 1.39% | 3.731 | 3.662 | 3.745 | 3.741 | 3.674 | 3.68 | 15,495,699 | 16:40:00 |
LISBON--Portuguese power utility Energias de Portugal SA (EDP.LB) Thursday said its second-quarter net profit fell 8.2% because higher finance costs.
MAIN FACTS:
-Second quarter net profit dropped to 244.5 million euros ($298 million) from EUR266.3 million a year earlier. Four analysts polled by Dow Jones Newswires had forecast an average net profit of EUR238.5 million.
-Earnings before interest, taxes, depreciation and amortization fell to EUR881.6 million from EUR914.4 million in the second quarter of last year.
-Finance costs rose to EUR186.2 million from EUR154.8 million.
-EDP said in a separate statement it secured a EUR1 billion, five-year loan from China Development Bank. The deal is part of a strategic partnership signed between EDP and China Three Gorges Corporation in December.
Write to Madrid bureau at djmadrid@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year EDP Energias DE Portugal Chart |
1 Month EDP Energias DE Portugal Chart |
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