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Endesa S.A. Reports Strong 2024 Financial Performance

Endesa S.A. Reports Strong 2024 Financial Performance

Endesa S.A. Unsponsored ADR ( (ELEZY) ) has released its Q4 earnings. Here is a breakdown of the information Endesa S.A. Unsponsored ADR presented to its investors.

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Endesa S.A. is a leading electric company in Spain and the second largest in Portugal, operating across electricity generation, distribution, and retail sectors. In 2024, Endesa reported a significant increase in net profit, reaching €1.888 billion, attributed to the normalization of energy markets and the absence of extraordinary events that impacted the previous year. The company’s EBITDA rose by 40% to €5.293 billion, supported by strong performance across all business segments. Key highlights include a 10% higher dividend payout than initially targeted, substantial investments in distribution grids, and an increase in renewable energy capacity. Endesa also reduced its net debt by 11% to €9.3 billion, reflecting its strong financial position. Looking ahead, Endesa plans to expand its investments in line with regulatory developments, focusing on enhancing its energy transition and maintaining robust financial health.

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