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via reuters.comBusiness & Companies

EDP Renewables recurring profit more than doubles on US growth, capital gains

FROM THE WIRE · REUTERS.COM

LISBON, Nov 5 (Reuters) - EDP Renewables (EDPR.LS), opens new tab, the world's fourth-largest wind power producer, said on Thursday its nine-month ​recurring net profit more than doubled ‌year-on-year, boosted by strong US growth and higher capital gains.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishVery strong results from a major wind producer, positive for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nine-month recurring net profit more than doubled year on year.
  2. 02Growth was boosted by strong US expansion and higher capital gains.
  3. 03EDP Renewables is the world's fourth-largest wind power producer.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
EDP Renováveis, S.A.EDPR.LSStock13.47 EURMarket closedtoday +3.22%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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