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Enel: Results As Of September 30th, 2015 - Net Ordinary Income Up 42%; Growth In Latam And In Renewables

Published 13 November 2015

Enel announces that Ordinary EBITDA up 3.7% due to broad growth in all geographies except Italy; the increase includes the impact of the partial reversal of the provision for charges for nuclear waste disposal following changes in Slovakian legislation governing that activity.

EBIT down 11.7% mostly due to increase in impairment losses on assets in Russia, Slovakia and renewable assets in Romania

Group net ordinary income up 42.0% due to better operation, decline in financial charges, lower taxes and the aforementioned partial reversal of provision in Slovakia, which offset the increase in non-controlling interests in Endesa

Net financial debt is up to 39,357 million euros as of September 30th, 2015 and essentially associated with investments for the period, the payment of dividends and exchange rates' evolution

Source: Company Press Release