Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Endesa    ELE   ES0130670112

ENDESA (ELE)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Endesa : Enel sticks to guidance as 9-month earnings fall

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/09/2017 | 10:17am CET

Europe's biggest utility, Enel (>> Enel), left its full-year targets unchanged after core earnings in the first nine months fell on weaker production in Iberia due to drought conditions.

Europe's biggest utility, Enel (>> Enel), left its full-year targets unchanged after core earnings in the first nine months fell on weaker production in Iberia due to drought conditions.

The state-controlled company, which holds a majority stake in Spanish utility Endesa (>> Endesa), said ordinary earnings before tax, depreciation and amortisation fell 4.7 percent to 11.3 billion euros, in line with expectations.

The company, which is targeting core earnings this year of 15.5 billion euros, said it expected EBITDA growth to accelerate further in the final quarter.

"Our geographical diversification and the contribution of investments in growth have enabled us to manage the ongoing global shortage of hydro and wind resources," CEO Francesco Starace said.

As traditional power generation comes under pressure, Enel is focussing on grids and clean energy to boost growth, especially in emerging markets.

It has said it is interested in making acquisitions in the power distribution sector but rules out any big M&A deal.

It will release its new business plan on November 21.

Italy's biggest company bumped up its interim dividend by 16.7 percent and said it would pay a full-year dividend of 0.23 euros per share compared to last year's 0.18 euros.

The dividend was in line with a target given last year of paying out 65 percent of profits.

At 0855 GMT Enel shares were up 0.3 percent while the European utility index <.SX6P> was down 0.3 percent.

(Reporting by Stephen Jewkes; Editing by Crispian Balmer)

Stocks treated in this article : Endesa, Enel
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENDESA
11/16 ENDESA : and Enel launch their Innovation Hub in Madrid
11/09 ENDESA : Enel sticks to guidance as 9-month earnings fall
11/07 ENDESA : net income down 17% in 9M 2017 - still affected by market conditions fr..
10/23 ENDESA : Spanish firms could save one in four euros on their bills by implementi..
09/29 ENDESA : fills its old mines with colour
09/22 ENDESA : maintains its commitment to entrepreneurship and will take part in the ..
09/20 ENDESA : Smart City Malaga receives the first European Living Lab certificate fo..
09/19 ENDESA : SEUR joins the “Companies for Energy Efficiency” platform s..
09/11 ENDESA : The 3rd edition of the competition "Las Ideas Se Mueven" kicks off, to ..
08/31 ENDESA : The platform, 'Empresas por la eficiencia energética' (Companies for En..
More news
News from SeekingAlpha
11/10 Endesa S.A. ADR 2017 Q3 - Results - Earnings Call Slides
10/27 Utilities See Highest Gain From Just Energy And Best Yield From Suburban Prop..
09/25 Utilities Gain Leaders Are Suburban Propane & Atlantica Yield For September
08/15 In Utilities, Highest Gain Seen In Suburban Propane & Best Yield From Companh..
2016 DBSE : How Long Is The Coast Line Of Southern Europe?
Financials (€)
Sales 2017 19 640 M
EBIT 2017 1 889 M
Net income 2017 1 361 M
Debt 2017 5 314 M
Yield 2017 7,01%
P/E ratio 2017 14,53
P/E ratio 2018 13,88
EV / Sales 2017 1,29x
EV / Sales 2018 1,27x
Capitalization 19 936 M
Chart ENDESA
Duration : Period :
Endesa Technical Analysis Chart | ELE | ES0130670112 | 4-Traders
Technical analysis trends ENDESA
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 20,0 €
Spread / Average Target 6,3%
EPS Revisions
Managers
NameTitle
José Damián Bogas Gálvez Chief Executive Officer & Executive Director
Francisco de Borja Prado Eulate Chairman
Paolo Bondi General Manager-Administration, Finance & Control
Manuel Fernando Marín Guzmán GM-Information & Communications Technology
Miquel Roca I Junyent Lead Independent External Director
Sector and Competitors
1st jan.Capitalization (M$)
ENDESA-6.43%23 539
DUKE ENERGY CORP16.70%62 443
DOMINION ENERGY INC7.36%52 744
SOUTHERN CO5.55%52 128
IBERDROLA4.97%48 813
EXELON CORPORATION17.70%39 626