EURACTIV PR

An easy way of publishing your relevant EU press releases.

Enel: Board of Directors approves 2009 results improvements overall despite challenging economic conditions

Date

22 Mar 2010

Sections

Competition

•Revenues: 64,035 million euros (61,184 million in 2008, + 4.7%)

• EBITDA: 16,044 million euros (14,318 million in 2008, + 12.1%)

• EBIT: 10,755 million euros (9,541 million in 2008, +12.7%)

• Group net income: 5,395 million euros (1) (5,293 million in 2008,

+1.9%)

• Net financial debt: 50,870 million euros (49,967 million at 31

December 2008, +1.8%)

• Total proposed dividend for 2009: 0.25 euros per share (of which 0.10 euros per share paid as an interim dividend in November 2009) on a ordinary consolidated net income of approximately 4,000 million euros.

***

2010-2014 Business Plan presented to the financial community

• EBITDA to reach 16 billion euros in both 2010 and 2011 and 19 billion

in 2014

• Ordinary consolidated net income to reach 4 billion euros in 2010, 4.1

billion euros in 2011 and 5.4 billion euros in 2014

• Net consolidated debt at 45 billion euros in 2010, 44.5 billion euros in

2011 and 39 billion euros in 2014, while maintaining an ‘A’ rating

• EBITDA and cash flow up, in part thanks to efficiency programmes

• Disposal programme of around 7 billion euros aimed at reducing debt

in 2010

• Plan to invest around 30 billion euros by 2014

• Dividend policy confirmed: payout 60% of consolidated net ordinary

incom

• Strategic importance of renewable sources: integration of Spanish and

Portuguese operations of Enel Green Power and Endesa

Please click on the link below to read the entire document.

Jobs

CIFAL Flanders
Operations Manager
European Conservatives and Reformists (ECR) Group in the European Committee of the Regions (CoR)
Communications Advisor (Contract Agent FGIV)
Taipei Representative Office in the EU and Belgium
Assistant - Parliamentary Division
Freshfel Europe
Trade Policy Advisor
Plan International
Senior Operations Officer
Global Battery Alliance
Finance manager
Alliance for Rural Electrification
Business Development Assistant
European Environmental Bureau
Head of Circular Economy