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Edenor SA Reports Strong Financial Performance in 2024

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Edenor SA ( (EDN) ) just unveiled an update.

In 2024, Edenor SA reported a significant financial turnaround with a profit of ARS 272,128 million, driven by a 45% increase in electricity investments and a positive EBITDA of ARS 207,252 million. Despite a slight decrease in electricity sales and demand, the company managed to optimize operating costs and improve service quality, reflecting its strategic focus on technological innovation and efficient energy use.

More about Edenor SA

Edenor SA, officially known as Empresa Distribuidora y Comercializadora Norte S.A., operates in the electricity distribution and marketing industry in Argentina. The company focuses on providing electricity services, with a commitment to improving service quality and expanding its reach through significant investments.

YTD Price Performance: -31.19%

Average Trading Volume: 237,845

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.68B

For an in-depth examination of EDN stock, go to TipRanks’ Stock Analysis page.

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