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EDP EDP Energias DE Portugal SA

3.671
-0.027 (-0.73%)
14 Jun 2024 - Closed
Delayed by 15 minutes
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
  -0.027 -0.73% 3.671 3.65 3.71 3.72 3.652 3.698 11,579,390 16:40:00

Portugal's EDP 1Q Net Profit Down 1% on Higher Taxes

09/05/2013 5:58pm

Dow Jones News


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


From Jun 2019 to Jun 2024

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LISBON--Portuguese energy company Energias de Portugal SA (EDP.LB), or EDP, Thursday said first-quarter net profit fell 1% from a year earlier, as a result of higher taxes and provisions.

 
MAIN FACTS: 
 

-Net profit down to 335 million euros ($439.2 million) from EUR337 million a year earlier. The result was higher than the average EUR294.3 million estimate of three analysts polled by Dow Jones Newswires.

-Earnings before interest, taxes, depreciation and amortization, or Ebitda, rose to EUR1.07 billion from EUR1 billion.

-Taxes rose to EUR149 million from EUR79 million a year earlier. Provisions rose to EUR9 million from EUR3 million.

-EDP's renewable-energy division Ebitda was EUR327 million, up from EUR263 million.

Write to Carla Canivete of Webtexto at carla.canivete@dowjones.com

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1 Year EDP Energias DE Portugal Chart

1 Year EDP Energias DE Portugal Chart

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1 Month EDP Energias DE Portugal Chart

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