The Edison group closes 2023 with net profit growing to 515 million euros, compared to 151 million in 2022, which was affected by a tax rate of 74% due to the effect of the application of the extra-profit decrees.
The board of directors decided to call the shareholders' meeting for March 27, 2024.
Revenues fell to 18.4 billion, compared to 30.3 billion the previous year.
The gross operating margin (Ebitda) achieved robust growth of 71% to 1.8 billion compared to 1.1 billion in 2022. The results obtained allow Edison to distribute a dividend which for 2023 is 0.105 euros for each savings share ( 0.052 euros in 2022) and 0.075 euros for each ordinary share (0.022 euros in 2022).
In consideration of the current market context characterized by high economic and geopolitical uncertainty and an inflexible gas and electricity price scenario, the Edison group nevertheless expects a "minimum level of gross operating margin of 1.5 billion euros" for 2024, explains a note.
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