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via finance.yahoo.comBusiness & Companies

EDP: recurring net profit EUR1.19bn, up 22%, third guidance upgrade

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Recurring EBITDA: EUR4.2 billion, up 11% year-on-year (12% excluding FX). Recurring Net Profit: EUR1.19 billion, up 22% year-on-year (23% excluding FX). Reported Net Profit: EUR1.19 billion, up 25% year-on-year, with only EUR3 million of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid quarterly results and a guidance upgrade for a major European utility.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Recurring EBITDA rose 11% year-on-year to EUR4.2 billion.
  2. 02Recurring net profit grew 22% year-on-year to EUR1.19 billion.
  3. 03Electricity networks EBITDA rose 10% year-on-year to EUR1.3 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
EDP - Energias de Portugal S.A.EDP.MUStock4.98 EURMarket closedtoday 0.00%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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