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Italy's Enel posts 4% rise in nine-month core earnings

By Reuters News

MILAN, Nov 12 (Reuters) - Italian utility Enel ENEI.MI said on Thursday its ordinary earnings were up 4% year-on-year in the first nine months as a drop in the profitability of the group's domestic business was more than offset by growth abroad.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) excluding extraordinary items came in at €17.9 billion ($19.8 billion), above a consensus of €17.7 billion provided by the company.



($1 = 0.9027 euros)

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