Endesa By September, he was earning €1,059 million, 35.9% less than a year ago. lower capital gains (said in 2022 Sale of your electric mobility business worth 182 million euros), higher depreciation and provisions (1,450 million, i.e. 128 million more than in 2022) and tax energetic (208 million). Actually, ordinary net result The basis for the dividend distribution is the same (1,059 million euros), but with a downward trend of 28%.
In addition to the tax imposed on energy companies, the company was also affected by the positive decision taken during the year for 2022. social bond financing for 152 million, which leads the build and adjustments to -364 million. On the operational level, this evolution is, on the one hand, based on results. positive of their businesses cries (230 million), renewable (280 million) and commercialization energy and services (473 million); and its negative contribution traditional generation business (-738 million), mainly affected by: Volatility in gas marketswith non-recurring impacts affecting the third quarter.
Endesa closed the first nine months of 2023 with an ebitda (gross operating profit) of 3 billion 353 million euros. This figure is 3% lower than the same period in the previous year in comparable terms. So, except extraordinary positive impact Produced from the sale of 51% of the electric mobility business registered in 2022. income The company’s profit decreased by 22% in this period to 19 billion 211 million Euros.
In this sense, investment By September, the total increased by 2% to 1.509 million. Network businesses (40% of total) and renewables (36%), both Fundamentals of energy transition strategy the company absorbs three quarters of the total.
The company’s cash generation is at this stage 2.839 million at the end of the period586 million as of September last year Net debt reached 11.6 billion eurosso one 6% increase Compared to the end of 2022 due to dividend payments and investments made.
more customers
Endesa closed September with a stable customer base: 10.5 million electricity customers SpainIt reinforces the strong growth achieved last year. Of these, 6.9 million are on the free market (1% more than the previous year) and 3.7 million are on the regulated market (3% less).
The company already It will sell 100% of its own electricity production by 2023 and 91% by 2024In both cases at a price of 65 Euro/MWh in accordance with the regulations in force.
when it comes gas work, volume reduced total marketed by 8% up to 70 TWh, despite a significant decrease in consumption in combined cycle power plants and an increase in consumption by industrial and domestic customers. There is a company 98 percent of the gas purchased for 2023 and 73 percent for 2024 have been sold.. Customer base remains stable 1.8 million.