ENEL’S NET ORDINARY INCOME UP 18.6% IN 1Q 2017 DUE TO LOWER FINANCIAL EXPENSES AND REDUCED IMPACT FROM MINORITIES

Published on Friday, 12 May 2017 07:50

Revenues: 19,366 million euros (17,872 million euros in the first quarter of 2016, +8.4%)

Due to an increase in revenues from sales to end users and electricity transport, an increase in electricity trading activities, as well as the depreciation of the euro against most of the currencies of the countries in which the Group operates

EBITDA: 3,914 million euros (4,017 million euros in the first quarter of 2016, -2.6%)

The improvement in performance in Latin America was more than offset by a decline in margins in Iberia, mainly in generation, and the effects of the change in the scope of consolidation

Ordinary EBITDA: 3,763 million euros (3,871 million euros in the first quarter of 2016, -2.8%)

 EBIT: 2,525 million euros (2,670 million euros in the first quarter of 2016, -5.4%)

Due to a 42 million euro increase in depreciation, amortisation and impairment

Price Sensitive | May, 12 2017

1667165-1_PDF-1.pdf

PDF (0.2MB)DOWNLOAD

Enel S.p.A. provides for the dissemination to the public of regulated information by using SDIR NIS, managed by BIt Market Services, a London Stock Exchange Group's company, with registered office at Milan, Piazza degli Affari, 6. For the storage of regulated information made available to the public, Enel S.p.A. has adhered, as from July 1st, 2015 to the authorized mechanism denominated “NIS-Storage”, available at the address www.emarketstorage.com, managed by the above mentioned BIt Market Services S.p.A. and authorized by CONSOB with the resolution No. 19067 of November 19th, 2014. From May 19th 2014 to June 30th 2015 Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by CONSOB with resolution No. 18852 of April 9th, 2014