Endesa SA

ELE: XMAD (ESP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€39.00	Tmlr	Bgkqqhthw

Endesa Faces a Challenging Domestic Environment

Tancrede Fulop

Apr 30, 2024

Business Strategy and Outlook

Endesa is an integrated utility operating in power production, distribution, and supply in the Iberian Peninsula. Parent company Enel owns 70.1% of its shares.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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