Endesa Fires 30% of Its Profit and Does Not Record Provisions on the Blackout
4 Articles
4 Articles
Endesa is accountable to the market for taking stock of the first semester of the year, and does so with note. José Bogás’s company steps on the accelerator and reaps a net profit of €1,041 million, which is 30% more than the one scored a year ago. According to the electricity company to the National Securities Market Company (CNMV), revenues in this period also rebounded, 4.5%, until billing €10,880 million.
Endesa’s general economic and financial director, Marco Palermo, believes that “there is no reason” why the company has to provide any amount to cover the hypothetical claims of the companies or individuals affected by the peninsular blackout last April 28. Palermo has thus responded this Tuesday to the question raised by an analyst during the presentation of the accounts of the first semester, in which Endesa obtained a net profit of 1,041 mill…
The Ibex 35 has dawned this Tuesday with an increase of 0.44% after opening plane and staggering above 14,200 points.The selective Madrid has again taken the bullish tone this morning after closing in negative yesterday after erasing the optimism of the tariff agreement between the United States and the European Union.Investors have put the focus this morning on the business level in a day marked by the output of results of companies of great we…
Bankinter Market Consensus BNA online and positive surprise in box generation. Maintains guides. Completed 40% of the share buyback program of the year . Main figures against the market consensus: EBITDA 2.711M€ (+12%) vs 2.719M€ est; BNA 1.041M€ (+30%) vs 1.046M€ est; Cash Flow Operating 2,400M€ (+101%); Net Debt 9.900M€ vs 9.294M€ in December 2024. Maintains the guides for 2025, with an EBITDA of between €5,400M and €5,600M and a BNA of betwe…
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