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>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 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 1

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >

Cryogenic Storage Tanks

The program committee looks forward to having the opportunity for intensive, objective and professional…

read more >