Endesa Net Profit Fell in 2021 Despite Revenue Growth
February 22 2022 - 1:50PM
Dow Jones News
By Cecilia Butini
Spanish utility company Endesa SA said Tuesday that net profit
fell on-year in 2021, though revenue rose compared with 2020.
The company reported net profit of 1.90 billion euros ($2.15
billion) compared with EUR2.13 billion the year prior, on revenue
which grew to EUR20.90 billion from EUR17.05 billion in 2020.
Endesa said that earnings before interest, taxes, depreciation and
amortization were EUR4.28 billion in 2021, versus EUR3.81 billion
the year prior. It attributed the increase to almost half a million
euros in non-recurring items.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
February 22, 2022 13:35 ET (18:35 GMT)
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