Acciona posted an attributable net profit of €166 million in the first nine months of 2015, an 11.6% increase compared with the same period in 2014, mainly due to the growth in renewable power generation and the sales of wind turbines manufactured by Acciona Windpower.
Ordinary earnings before tax (EBT) grew 69.5% to €248 million thanks to the higher contribution of the Energy division, which improved by €128 million. Total EBT grew by 18.7%, taking into account the absence of non-recurring items during the period, compared with divestments that contributed €63 million to EBT in the first nine months of 2014. Ebidta increased 14.4% to €833 million mainly due to the strong growth of the Energy business (+26.1%), driven by the Acciona Windpower’s international business. Ebidta from renewable power generation grew 10.4% to €644 million, thanks to an increase in installed capacity (204MW in the past 12 months) and the positive impact of the appreciation of the dollar. Acciona Windpower’s Ebidta stood at €68 million, compared with the €15 million reach in the first nine months of 2014. Consolidated revenues grew 4.6% to €4,946 million, mainly due to a 37.4% increase in the revenues of the Energy division, which compensated for lower business volume in the areas of Construction, Water and Other Activities.
Acciona net profit grows 11.6%
Acciona posted an attributable net profit of €166 million in the first nine months of 2015, an 11.6% increase compared with the same period in 2014, mainly due to the growth in renewable power generation and the sales of wind turbines manufactured by Acciona Windpower. Ordinary earnings before tax (EBT) grew 69.5% to €248 million thanks to the higher contribution of the Energy division, which improved by €128 million. Total EBT grew by 18.7%, taking into account the absence of non-recurring items during the period, compared with divestments that contributed €63 million to EBT in the first nine months of 2014. Ebidta increased 14.4% to €833 million mainly due to the strong growth of the Energy business (+26.1%), driven by the Acciona Windpower’s international business. Ebidta from renewable power generation grew 10.4% to €644 million, thanks to an increase in installed capacity (204MW in the past 12 months) and the positive impact of the appreciation of the dollar. Acciona Windpower’s Ebidta stood at €68 million, compared with the €15 million reach in the first nine months of 2014. Consolidated revenues grew 4.6% to €4,946 million, mainly due to a 37.4% increase in the revenues of the Energy division, which compensated for lower business volume in the areas of Construction, Water and Other Activities