Endesa Confirms Guidance As Profit Rises 15 Percent
Spanish utility Endesa confirmed its full-year profit guidance after reporting a fifteen percent increase in net profit for the first nine months of the year. The company recorded higher earnings in its network business alongside revenue growth.
Insights:
Spain's power utility Endesa posted a 15% net profit increase to €1.96 billion ($2.18 billion) for the first nine months, driven by its network business.
