hit tracker
Saturday, April 1, 2023
HomeLatest NewsThe increase in income raises Endesa's profit by 77% to 2,541 million

The increase in income raises Endesa’s profit by 77% to 2,541 million

Date: April 1, 2023 Time: 17:17:17

The electricity company Endesa closed last year with attributable net profit of 2,541 million euros, which represents a strong increase of 77.1%, derived from an increase in revenues up to 32,896 million euros, which is 57%. higher than the previous year, as communicated early this Friday to the National Securities Market Commission (CNMV). The results of last year, in the midst of the energy conflict and with the rise in gas prices, have been benefited by an extraordinary amount of 182 million from a sale of 51% of the electric mobility subsidiary and, in comparison with the last year, they have not been weighed down by the review of the value of non-mainland generation assets. In fact, if we stick to ordinary net profit, the figure remains at 2,398 million, which is 26% higher than the same figure last year.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

Most Popular

Recent Comments