Correction to EDP Renovaveis Earnings
10 May 2019 - 3:46AM
Dow Jones News
(EDP Renovaveis' first-quarter net profit fell year-on-year.
"EDP 1Q Net Profit Increased," at 1704 GMT, misstated that EDP
Renovaveis' net profit increased in the headline and first
paragraph. EDP Renovaveis' net profit didn't increase, it fell. The
correct version follows:)
By Nathan Allen
EDP Renovaveis SA (EDPR.LB) said Thursday that first-quarter net
profit fell.
The Portuguese energy company said net profit was 61 million
euros ($68 million), compared with EUR94 million in the same period
last year. Quarterly revenue was EUR521 million, compared with
EUR528 million last year.
EDP said earnings before interest, taxes, depreciation and
amortization at EUR385 million, up slightly from EUR381 million in
the year-earlier period.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
May 09, 2019 13:31 ET (17:31 GMT)
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