MILAN, Feb 5 (Reuters) - Italian utility Enel reported on Thursday an ordinary core profit of 22.9 billion euros ($27 billion), in line with the group's guidance for 2025, adding that the full-year
Italy's Enel reports 2025 core profit in line with guidance
Enel's Financial Performance Overview
MILAN, Feb 5 (Reuters) - Italian utility Enel reported on Thursday an ordinary core profit of 22.9 billion euros ($27 billion), in line with the group's guidance for 2025, adding that the full-year net income would come slightly above 6.9 billion euros.
Core Profit and EBITDA Analysis
Ordinary earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly below an analyst consensus of 23 billion euros calculated by LSEG, as growth in international businesses was offset by a weaker performance in Italy.
Debt Management and Strategy Update
The group, which will present its updated strategy on February 23 in Milan, reported a 2.5% increase in net debt to 57.2 billion euros, but said the ratio of debt to EBITDA remained steady at 2.5.
($1 = 0.8476 euros)
(Reporting by Francesca Landini, editing by Alvise Armellini)
