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Live News EARNINGS ARTICLE M impact

EDP Recurring Net Profit Rises 22% to €1.19 Billion

Portugal’s largest utility said recurring net profit rose 22% year over year in the first nine months, citing strong renewables earnings and higher regulatory returns at its Iberian networks business.

EDPEDPR

Portugal's largest utility EDP EURONEXT:EDP said on Thursday recurring net profit rose 22% from a year earlier to €1.19 billion ($1.34 billion) in the first nine months, helped by strong earnings from its renewables arm and higher regulatory returns at its Iberian networks business.($1 = 0.8901 eur…

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