News / Stock

Energy. Enel is even more green and increasing investments in renewables. Alphie bets on the stock

Mar 27, 2019 - 16:27 GMT+0200

Bet won for Enel: the renewable energy boosted the results of 2018 and net income rose by 26.7% compared to 2017. The multinational operating in the energy and gas sector closed last year with revenue up by 1.4%, or 75.6 billion euros, and an EBITA up 4.5%, equal to 26.3 billion euros. Enel confirmed last year's dividends at € 0.28 per share, while for 2019 there will be a higher coupon of 0.33 per share (double compared to € 0.16 of 2015). Financial debt also increases, slightly above 41 billion euros, because of the acquisitions made last year, but Francesco…

Register to continue reading for free