The improvement was mainly due to a reduction in net debt, which boosted financial results by 5.2 million euros, along with positive tax effects, with taxes falling by 19 million euros, the company explained in a statement.
EBITDA (earnings before interest, taxes, depreciation, and amortization) remained at 256.6 million euros, reflecting the stability of operations in Portugal and Chile.
In the domestic market, operational performance was affected by a slight decline in the profitability of regulated assets (-0.5 million euros) and an increase in operating costs (+2.5 million euros).
REN closed today up 0.63% at 3.20 euros.
