Enel: current net profit in 9 months + 11.8% to 2.8 billion euros

In the first nine months of the year, Enel posted net current group profit of € 2,888 billion (€ 2,583 billion in the first nine months of 2017, up 11.8%). This is announced by the company. The net result of the group was 3.016 billion euros (2.621 billion euros in the first nine months of 2017, + 15.1%) and reflects "the rise in revenue". EBIT and the reduction in the weight of financial expenses, mainly attributable to effective management of financial liabilities ", explains the company.

Enel: Starace, solid, renewable results boost growth – "In the first nine months of 2018, Enel continued to record solid results, with net profit up double digits over the same period of the previous year. once again the basis of the group's positive performance, while geographical diversification was crucial to cope with the negative evolution of certain exchange rates ". That's what Francesco Starace, CEO and CEO of Enel, said, commenting on the results of the past nine months. "In addition to the strong growth of renewable energy, he added, the best margins recorded in sales and distribution activities in Italy and Spain, the acquisition of Eletropaulo, a distribution company located in Sao Paulo in Brazil, and the expansion of Enel X in North America, they have contributed to the increase in results in the first nine months of 2018. During this period, the sale of The majority stake of 1.8 GW of renewable energy capacity in Mexico for $ 1.4 billion has also been finalized.Use, maintaining the operational management of the plants in accordance with the model "Build, Sell and Operate".

Enel: Starace, down payment of a third more profitable – "In January 2019, we will distribute an advance on the dividend of a third party more remunerative than the advance paid this year on the results of 2017". Enel Francesco Starace said this by commenting on the results of the nine months. "The group's performance in the first nine months of 2018 allows us to confirm our Ebitda targets and net results at the end of the year," he added.