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Share Name | Share Symbol | Market | Type |
---|---|---|---|
EDP 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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.026 | 0.82% | 3.199 | 3.177 | 3.21 | 3.204 | 3.129 | 3.145 | 11,395,374 | 16:40:00 |
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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