Strong Financial Performance
EBITDA reached EUR 4.2 billion, marking a 9% increase year-on-year, while net income was EUR 1.7 billion, up by 22% compared to last year. Cash generation was strong with FFO rising to EUR 3.4 billion, a 29% increase year-on-year.
Strategic Acquisitions and Partnerships
Endesa acquired the remaining 62.5% stake in Cetasa, enabling full consolidation of this wind asset portfolio. A strategic agreement with MasOrange was entered to provide combined energy and telecom offers, including the acquisition of Energía Colectiva.
Share Buyback Program Progress
Endesa completed the second tranche of its share buyback program and launched a third tranche with a target of up to EUR 500 million to be executed by February 28th next year.
Emission-Free Output
The consolidation of new renewable capacity allowed Endesa to achieve a 79% emission-free output.
Mainland Demand Growth
Mainland demand increased by 2.4% year-on-year, with Endesa's area demand rising by 4.2%. The service sector demand in the Aragon area saw a 9% increase, mainly due to data center activity.