EDP 4Q Net Profit Rose
25 February 2021 - 4:22AM
Dow Jones News
By Pietro Lombardi
EDP-Energias de Portugal SA said Wednesday that its
fourth-quarter net profit rose sharply despite a decline in
revenue.
The Portuguese energy company said quarterly net profit was 378
million euros ($459.3 million) compared with EUR51 million a year
earlier.
Revenue fell 13% to EUR3.39 billion.
The company said it would propose a dividend of EUR0.19 a share
for 2020, in line with the previous year.
Write to Pietro Lombardi at pietro.lombardi@wsj.com;
@pietrolombard10
(END) Dow Jones Newswires
February 24, 2021 12:07 ET (17:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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