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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% | 31.24 | 0.01 | 889.61 | 0.00 | 21:13:57 |
From Jun 2021 to Jun 2024
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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