Spain's Endesa reports roughly 15% rise in nine-month net profit
Spanish power company Endesa, owned by Enel, posted nine-month net profit of €1.96 billion and revenue up 9% to €17.39 billion.
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what happened
Reuters reports that Endesa, a Spanish electricity company owned by Italy's Enel, earned €1.96 billion ($2.18 billion) in net profit over the first nine months of the year. That is about 15% more than in the same stretch a year earlier.
Revenue for the period grew 9% to €17.39 billion. The figures were released on Wednesday. The dollar amount uses a rate of $1 = 0.8981 euros.
why it matters
For investors, the numbers point to growth in both earnings and sales at a major Iberian power group. Still, one company's results say little about the wider market, so they are best compared with reports from other generators and from Enel itself.
market impact
Endesa shares: higher profit and revenue support the company's stock
- Endesa shares pressure up — higher net profit and revenue over nine months
tags
instruments
sources
- Endesa's nine-month profit rises 15% — Reuters, 28 October 2026 at 06:56 UTC
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