Enel: Board of Directors approves 2009 results improvements overall despite challenging economic conditions
Date
Sections
•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.
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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
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