Enel Lifts Guidance After International Operations Boost Earnings

By Mauro Orru

Enel raised its annual guidance for a key profitability metric after posting higher earnings for the first nine months, aided by its operations in Spain and Colombia.

The Rome-based energy company said net ordinary income this year should come in slightly above the high end of a range between 6.7 billion and 6.9 billion euros ($7.77 billion-$8 billion).

Meanwhile, ordinary earnings before interest, taxes, depreciation and amortization--another closely watched metric of operating profitability--are still expected to range between 22.9 billion and 23.1 billion euros.

The upgrade comes after Enel said net ordinary income for the first nine months grew 4.5% on year to 5.70 billion euros. Reported net profit came in at 5.24 billion euros compared with 5.25 billion euros a year earlier.

Ebitda fell slightly to 16.87 billion euros from 16.92 billion euros, but ordinary Ebitda rose 0.9% to 17.26 billion euros. Enel said its operations in Spain and Colombia had more-than offset a reduction of margins in Italy.

Revenue increased to 59.70 billion euros from 57.63 billion euros a year earlier, mainly thanks to higher commodity sales on the wholesale market amid rising average prices.

Enel said it approved an interim dividend for 2025 of 0.23 euros a share to be paid starting from Jan. 21.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

November 13, 2025 12:35 ET (17:35 GMT)