Spanish firm Endesa confirms full-year forecast after first-half web revenue meets expectations

Spanish utility Endesa stated on Wednesday it was on observe to satisfy its 2024 revenue goal after its first-half web revenue met expectations.

The corporate, managed by the Italian utility Enel, reported a 9% drop in web revenue within the first half to 800 million euros ($868 million).

The typical forecast of the analysts surveyed by LSEG was 796 million euros.

Earnings earlier than curiosity, taxes, depreciation and amortization fell 2.5% to 2.41 billion euros, with gross sales falling 21% to 10.42 billion euros.

($1 = 0.9217 euros) (Reporting by Inti Landauro; Enhancing by Jason Neely)