• Most Popular
  • Most Shared

Endesa 9-mth core profit grows 6.8 pct on LatAm

Tue Nov 3, 2009 2:05am EST

Stocks

   

MADRID, Nov 3 (Reuters) - Italian power group Enel's (ENEI.MI) Endesa (ELE.MC) unit said on Tuesday nine month core profit grew 6.8 percent to 5.804 billion euros ($8.57 billion) driven by forward power selling and the strength of its Latin American operations.

Italy  |  Utilities

Net profit fell 55 pct to 3.048 billion euros due to the absence of one-time gains from the sale of assets to Germany's E.ON EONg.DE in 2008. ($1=.6769 euros) (Reporting by Tracy Rucinski; Editing by Mike Nesbit)



More from Reuters

Photo

Investors seen jumping the gun on airport security

BANGALORE (Reuters) - Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders.

Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

Castles built on sand

Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary