EDP Net Profit Marginally Up On Brazilian, Wind Operations
28 October 2011 - 3:31AM
Dow Jones News
Portuguese energy company Energias de Portugal SA (EDP.LB) said
Thursday third-quarter net profit rose 2.6% on a strong performance
in its renewable-energy and Brazilian operations.
MAIN FACTS:
- Net profit increased to EUR215 million in the third quarter
from EUR209.5 million a year earlier. A Dow Jones Newswires poll of
three analysts estimated net profit at EUR194.9 million.
- Earnings before interest, taxes, depreciation and
amortization, or Ebitda, slipped to EUR829.8 million from EUR840.8
million a year earlier.
- Ebitda at the company's unit in Brazil increased to EUR161.9
million from EUR153.9 million, while its wind power business saw
Ebitda rise to EUR139.1 million from EUR130.2 million a year
earlier.
-Contributed by Carla Canivete of Webtexto to Dow Jones
Newswires; +34-91-395 8120; djmadrid@dowjones.com
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