Urgent.News

What's breaking now, across thousands of outlets.

Business

Endesa enfila los 2.400 millones de ganancias este año y prepara nuevo plan para febrero de 2027

El grupo gana 1.962 millones hasta septiembre, 15% más, y confía en alcanzar objetivos a pesar de que, advierte, viene tormenta en el sector. Leer

Original Spanish Read in English

Endesa, Spain's second-largest electric utility, has reported net profits of 1.962 million euros for the first nine months of this year, a 15% increase compared to the same period last year. The company anticipates surpassing the 2.400 million euro threshold for net ordinary profit in 2026, even as market conditions become more demanding in the fourth quarter.

The operating earnings (ebitda) have risen by 8% to 4.577 million euros. The company attributes this growth to higher quality and stability. Regulated businesses, primarily extrapeninsular generation and transmission networks, now contribute nearly 50% of the ebitda, up from about 40% the previous year. This increased weight enhances the predictability and visibility of the company's results.

Endesa is intensifying its investment efforts to capture opportunities in electrification. Total gross investments will increase by 19% to 1.622 million euros, with the distribution network taking center stage due to a 42% year-over-year rise. The company aims to facilitate new connections and enable the new electricity demand to materialize.

Financially, the company generated a cash flow of 3.500 million euros in the first nine months of the year and closed the period with net debt of 11.200 million euros, down from 10.100 million euros at the end of 2025. The average cost of debt decreased from 3.3% to 3.2%. The updated Strategic Plan is scheduled for presentation in February 2027.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

More from Wednesday 28 October →