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

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

Microsoft Word - Pimo trimestrale 2017 ENG

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For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”). 
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.

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