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EDRVY EDP Renovaveis SA (PK)

22.15
-0.60 (-2.64%)
03 Dec 2024 - Closed
Delayed by 15 minutes
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
  -0.60 -2.64% 22.15 15.61 100.00 22.15 22.15 22.15 2,412 22:00:01

EDPR 2021 Profit, Earnings Rose

16/02/2022 7:59am

Dow Jones News


EDP Renovaveis (PK) (USOTC:EDRVY)
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From Dec 2021 to Dec 2024

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   By Giulia Petroni 
 

EDP Renovaveis SA said Wednesday that 2021 profit rose, mainly driven by higher capital gains, lower financials and a higher generation year-on-year.

The Portuguese renewable-energy company posted a net profit of 655 million euros ($742.7 million) for the period compared to EUR556 million a year earlier.

Earnings before interest, taxes, depreciation and amortization came in at EUR1.76 billion from EUR1.66 billion.

Revenue increased 2% on year to EUR1.76 billion as it benefited from additional capacity and a higher average selling price, the company said.

EDPR produced 30.3 terawatt hours of clean electricity in the period, up 6% on year, it said.

The company will propose a dividend of EUR0.09 a share at the annual shareholders' meeting.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

February 16, 2022 02:44 ET (07:44 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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