ROME (dpa-AFX) - The Enel Group (ENLAY.PK) said, in the 2024-2026 Plan period, the Group expects to focus on: profitability, flexibility and resiliency through selective capital allocation to maximize Group risk/return profile. The Group expects net ordinary income to increase to between 7.1 and 7.3 billion euros in 2026, with a CAGR of around 6%. The Group expects 2023 net ordinary income at 6.4-6.7 billion euros.
The Group expects ordinary EBITDA to grow to between 23.6 and 24.3 billion euros in 2026, with a CAGR of around 5%. The Group expects 2023 ordinary EBITDA at 21.5-22.5 billion euros.
Between 2024 and 2026, Enel Group has planned a total gross capex of approximately 35.8 billion euros. The Group said investments are set to require a lower cash-out flow, with net capex expected to amount to approximately 26.2 billion euros.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2023 AFX News