Enel Group’s Net Income Up 32% In 9M 2016, Interim Dividend Policy Launched

Published on Thursday, 10 November 2016

“In the first nine months of 2016 we have delivered a solid performance, with continued progress against the Group’s strategic objectives. Our financial results are a direct consequence of the headway that we have made in achieving our strategic goals. This progress translates into ongoing stable cash generation and significant improvement in net ordinary income after one-off items. On the basis of this performance we have decided to reintroduce an interim dividend policy, which comes into effect on 2016 results. We confirm the financial targets for the year that were upgraded when first half results were presented, and we foresee net debt at year end 1 billion euros below the forecast presented in the 2016-2019 strategic plan”

– Francesco Starace, Chief Executive Officer and General Manager of Enel