Enel Americas earnings up 37.5% in the second quarter thanks to higher revenues | AmericaEconomy



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Santiago .- The Enel Américas energy group's profit rose 37.5% from one year to the next in the second quarter, mainly due to an increase in revenues reported the company Friday.

Enel Americas, which manages the power generation, transmission and distribution assets of the Italian company Enel in Argentina, Brazil, Colombia and Peru, for a profit of US $ 181.5 million for the period April June.

Income from conglomerate based in Santiago With a quarterly result, Enel Americas recorded a profit of $ 402.8 million in the first half, almost double that of the same period in 2017.

EBITDA – Earnings before interest, taxes, depreciation and amortization – increased by 19.3% in the first six months to US $ 1,652 million.

the four countries s, especially in the distribution sector in Argentina produced new regulations, and in Brazil distribution produces better results in Enel Distribución Goiás (CELG) ", said the company in its report to the Securities Regulatory Authority

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