May 6, 2020 / 3:53 PM / in a month

Enel Q1 suffers no major coronavirus impact to beat expectations

MILAN, May 6 (Reuters) - Italy’s biggest utility Enel said on Wednesday it did not suffer any significant impact from the COVID-19 emergency in the first three months as core earnings rose to beat forecasts.

In a statement Enel said its ordinary core income in the period was up 6.4% at 4.741 billion euros ($5.1 billion), driven by its green energy, retail and grids business.

It said it was constantly monitoring the COVID-19 crisis to better estimate potential impacts on the group and mitigate them through contingency and action plans. ($1 = 0.9262 euros) (Reporting by Stephen Jewkes; editing by Agnieszka Flak)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below