Enel: Ebitda and net profit up in 2024, beyond estimates

MILAN, NOV 24 – In 2024, Enel expects the Group’s ordinary EBITDA to reach 21.0-21.6 billion euros, compared to the estimated 18.7-19.3 billion euros in 2021. Ordinary net profit of the Group is expected to grow to 6.7-6.9 billion euros in 2024, compared to the 5.4-5.6 billion euros estimated in 2021. Between 2020 and 2030 the ordinary Ebitda of the Enel Group is expected to increase by 5-6% in terms of the compound annual growth rate (CAGR), against a Group net ordinary profit expected to increase by 6-7%, again in terms of CAGR. The energy Group announces this by presenting today the 2022-2024 Strategic Plan to the financial markets and the media and its strategic vision to 2030. The energy giant also anticipates its “Net Zero” commitment by 10 years, from 2050 to 2040, for both direct and indirect emissions. “This year’s Plan, with 170 billion euros of direct investments by 2030, represents a turning point. Its implementation allows us to advance from the previous decade of the discovery of renewable energy to the current decade of electrification, ”said Enel CEO Francesco Starace (ANSA).


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