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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Enel    ENEL   IT0003128367

ENEL (ENEL)
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Enel : says power plant seized as part of illegal waste probe

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09/28/2017 | 01:04pm CET
People walk past the logo of Italy's biggest utility Enel at their Rome headquarter

MILAN (Reuters) - Italian prosecutors have ordered the seizure of a power plant run by Italy's biggest utility Enel in southern Italy as part of a probe into illegal waste, Enel said on Thursday, confirming what a source had told Reuters.

"The measures regarding Enel Produzione's power station regard the use of ashes in secondary production processes," Enel said in a statement.

State-controlled Enel said it was confident it would be able to prove its production processes were proper and correct.

Seizure of the plant in Cerano in the southeastern Apulia region did not compromise operations at the plant, it added.

The source said prosecutors had also seized 500 million euros (440.28 million pounds)for alleged illicit profits as part of the investigation.

(Reporting by Vincenzo Damiani and Stephen Jewkes, editing by Valentina Za)

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Financials (€)
Sales 2017 73 909 M
EBIT 2017 9 676 M
Net income 2017 3 642 M
Debt 2017 38 455 M
Yield 2017 4,90%
P/E ratio 2017 13,22
P/E ratio 2018 11,64
EV / Sales 2017 1,17x
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Enel Technical Analysis Chart | ENEL | IT0003128367 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 5,71 €
Spread / Average Target 21%
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Managers
NameTitle
Francesco Starace Chief Executive Officer, Director & GM
Maria Patrizia Grieco Chairman
Alberto de Paoli Chief Financial Officer & Administration Director
Carlo Bozzoli Head-Global Information & Communication Technology
Angelo Taraborrelli Independent Director
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