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Name | Symbol | Market | Type |
---|---|---|---|
EDP Renovaveis SA (PK) | USOTC:EDRVY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 21.00 | 19.00 | 100.00 | 0.00 | 12:21:16 |
By Giulia Petroni
EDP Renovaveis SA said Wednesday that 2020 profit rose, while revenue and production fell on year.
The Portuguese renewable-energy company posted a net profit of 556 million euros ($674.8 million), up 17% from EUR475 million a year earlier, mainly due to the successful execution of its sell-down strategy, it said.
Revenue decreased 5% to EUR1.73 billion, while earnings before interest, taxes, depreciation and amortization were flat on year at EUR1.66 billion.
EDPR produced 28.5 terawatt hours of clean electricity in the period, down 5% year on year, it said.
The company said it plans to distribute a total of EUR69.8 million to shareholders in 2020.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
February 24, 2021 02:41 ET (07:41 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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