Enel Profit, Sales Rise in 1Q
May 08 2019 - 12:25PM
Dow Jones News
By Donato Paolo Mancini
Enel SpA's (ENEL.MI) net profit rose on increasing sales, the
company said Wednesday.
Net profit rose to 1.26 billion euros ($1.41 billion) in the
period, compared with EUR1.17 billion in the year-earlier period,
the Rome-based power company said.
Earnings before interest, taxes and depreciation increased rose
13% to EUR4.55 billion on revenues that climbed 10% to EUR20.9
billion.
"In the first quarter of 2019, we registered excellent results
confirming the growth path that we are pursuing so far as well as
the outstanding performance posted by all business lines," said
Chief Executive Francesco Starace.
Write to Donato Paolo Mancini at
donatopaolo.mancini@dowjones.com
(END) Dow Jones Newswires
May 08, 2019 12:10 ET (16:10 GMT)
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