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Article: ENDESA Net Income up 1.1% in the First Nine Months of 2004 to Euro 1,157 Million.
- Article from:
- Business Wire
- Article date:
- October 27, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MADRID, Spain -- ENDESA (NYSE:ELE):
--OPERATING INCOME (EBIT) REACHED EURO 2,602 MILLION, A 13.4% INCREASE OVER THE SAME PERIOD OF 2003
--ORDINARY INCOME ROSE 13.6% TO EURO 1,159 MILLION, UNDERSCORING THE HIGHER QUALITY OF THE COMPANY'S EARNINGS
--STRIPPING OUT EXTRAORDINARIES, NET INCOME ROSE 48.2% FROM THE SAME PERIOD LAST YEAR
--EBITDA WAS EURO 3,852 MILLION, A 10.6% INCREASE
--NET INCOME OF THE EUROPEAN ELECTRICITY BUSINESS GREW BY 324.1% AND OF THE LATIN AMERICAN BUSINESS BY 137.5% IN THE FIRST NINE MONTHS OF 2004 AND
--ENDESA'S GLOBAL ELECTRICITY GENERATION WAS 131,629 GWH, 11.9% MORE THAN IN THE ...