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From now on, Endesa will earn more in Latin America than in Spain

Published on March 9, 2012

 
Read From now on, Endesa will earn more in Latin America than in Spain

Endesa’s business in Latin America will contribute with 3.600 million euros of ebitda while the business in Spain and Portugal with 3.300. This results, with Latin America contributing with more than half of the total gross earnings of the company presided by Borja Prado, reinforce Endesa’s hopes of making Latin America the engine of their business.

These figures were announced yesterday in Rome, where the Enel group presented their results for the year. Endesa, a subsidiary of Enel, presented their 2012-2016 strategic planning. Endesa forecasts a 7.000 million euros ebitda for the present year, while 2011’s ebitda was 7.200 million euros.

The growing business in Latin America is compensating the decrease of the ...

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