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Elecnor Sees Profit Surge After Enerfín Sale

Elecnor Sees Profit Surge After Enerfín Sale

Elecnor (ES:ENO) has released an update.

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Elecnor Group reported a significant rise in net profit to 859.9 million euros for the first nine months of 2024, driven by the profitable sale of its Enerfín subgroup. Despite a decline in continued operations’ net profit to 36.6 million euros, the strategic divestment has resulted in a remarkable capital gain of 805.3 million euros. The company’s international turnover fell slightly, while national turnover saw a modest increase.

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