EDP lifts nine-month profit and raises full-year outlook for third time this year
EDP reported a 22% rise in nine-month recurring net profit and lifted its 2026 guidance, according to RTTNews/dpa-AFX and Reuters.
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what happened
Portuguese energy company EDP reported nine-month net profit of €1.194 billion, up from €952 million a year earlier, according to RTTNews/dpa-AFX. Recurring net profit rose 22% to €1.191 billion, while recurring EBITDA climbed 11% to €4.166 billion.
The company raised its full-year recurring net profit forecast to €1.4–1.5 billion from €1.4 billion, and lifted its recurring EBITDA outlook to about €5.4 billion from €5.3 billion. Reuters noted that this was the third guidance upgrade this year.
Subsidiary EDP Renewables, the world's fourth-largest wind power producer, more than doubled its nine-month recurring net profit to €439 million, helped by strong US growth and higher capital gains.
why it matters
The upgrade reflects expected demand growth from electrification, industrial projects and data centres, which supports the company's grid and renewables businesses. On the same day, EDP shares in Lisbon fell more than 1% to €4.8940.
market impact
EDP shares: higher profit guidance supports the outlook, though the stock fell more than 1% on the day
tags
instruments
sources
- EDP 9-month Profit Rises; Upgrades Recurring Profit Outlook — TradingView, 6 November 2026 at 11:47 UTC
- Portugal's EDP upgrades recurring profit outlook again after strong earnings — Reuters, 6 November 2026 at 12:23 UTC
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