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Enagás cuts its profit by 22.3%, but maintains the pace to reach its annual goal

Enagás achieved a profit after taxes of 204.1 million euros in the first nine months of the year. This result is 22.3% lower, but according to the company it is in line with expectations to meet the annual target of 235 million euros for 2026.

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Enagás cuts its profit by 22.3%, but maintains the pace to reach its annual goal

Enagás, led by Arturo Gonzalo Aizpiri, reported a profit after taxes of 204.1 million euros for the first nine months of the year, a 22.3% decrease from the same period last year. The company's recurring profit after taxes was 195.8 million euros, a 5.4% decrease. Enagás' revenue decreased by 2% to 686.7 million euros, while its EBITDA fell by 2.9% to 491.5 million euros. The company is on track to meet its annual target of 235 million euros in recurring net profit by the end of 2026.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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