earnings EDP Renováveis has advanced 32% in the first three months of the year over the same period of 2015 to EUR 75 million.
in a statement sent to the Portuguese Securities Market Commission (CMVM) EDP Renováveis before the opening of markets, the company says that the operating result (EBIT) reached EUR 232 million (35% more than in the first quarter of 2015).
the operating result ( EBITDA) reached 379 million euros, up from 295 million recorded a year earlier (29% more).
in the first quarter, EDPR produced 7.5 TWh (terawatt / hour) of clean energy , compared to 5.8 TWh produced in the same period last year, ie over 30%.
This increase in production, the company said, “benefited from capacity additions over the last 12 months and higher utilization factor recorded in all regions. “
the average selling price in the period totaled 61 euros / MWh, down 7% from the first quarter of last year,” reflecting the different dynamics of the parks in operation. “
in Europe, explains, the 7% decrease in average selling price primarily reflects the lower market price in Spain due to climatic conditions and consolidation of ENEOP assets in Portugal.
in North America, continues the decrease of 9% (in dollars) is explained by new capacity with EBD (higher production compared to prices) and price developments market.
in Brazil, the decrease of 2% “reflects an upper limit on tax revenues in a 70 MW park,” he adds.
at the end of March, EDPR managed a portfolio of 9.7 GW of assets in 10 countries, of which 5.1 GW in Europe, 4.4 GW in North America and the other in Brazil.
EDP shares renewable followed at 09:27 advancing 1.94% on the Euronext Lisbon, to 6.83 euros.
No comments:
Post a Comment