Enel Green Power's net profit rises 3% Y/Y in Jan-Sep 2011
Nov 9, 2011 - Italy's Enel Green Power (BIT:EGPW) reported Tuesday a net profit of EUR 363 million (USD 501.7m) for the nine months to September, up 3.1% on the year.
Total revenues rose 17.6% to EUR 1.859 billion and earnings before interest, tax, depreciation and amortisation (EBITDA) increased 22.8% to EUR 1.186 billion.
The earnings before interest and tax (EBIT) of Enel's (BIT:ENEL) subsidiary advanced 29.4% to EUR 774 million.
Enel Green Power's net debt increased to EUR 3.965 billion at September 30, 2011 compared with EUR 3.092 billion at end-2010.
The group's combined installed capacity rose 10.3% annually to 6,490 MW as at September 30, of which 2,539 MW (39.1%) of hydroelectric, 2,981 MW (45.9%) of wind, 775 MW (12.0%) of geothermal, 67 MW (1.0%) of solar and 128 MW (2.0%) of other renewable resources (biomass and cogeneration).
Enel Green Power's electricity output increased 6.3% to 7.9 TWh.
(EUR 1 = USD 1.382)