Endesa’s H1 profit up

Endesa's H1 profit up
Image courtesy of Endesa

Spanish power sector major Endesa reported an increase in profit for the first half of the year of 15 percent. 

The company said on Tuesday its profit for the first six months of 2018 reached 752 million euros ($878.6 million), compared to the 653 million euros reported in the corresponding period last year.

The company noted the increase comes on the back of the increase in electricity demand that rose 1.2 percent during the period under review, compared to the last year.

Endesa’s gas sales in the deregulated market, where the company counts 1,562,200 customers, edged up 2.3 percent, selling 43,344 GWh.

Revenue from gas sales totaled 1.3 billion euros in the first half of 2018, 7.6 percent up on the figure for the first half of 2017.

Share this article

Follow LNG World News

Posted on July 24, 2018 with tags .

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >