EDPR at a Glance
FY23 Results & Updates
Net Profit of €513m impacted by top line headwinds, compensated with
strong execution of Asset rotation transactions and improved financials
2023 Rec. EBITDA to Rec. Net Profit (Єm)
Recurring Net Profit (Єm)
edp
Renewables
YOY
EBITDA
D&A(2)
1,845
(€312m)
671
513
(766)
(€75m)
EBIT
1,078
(€388m)
Financial
2022
2023
(313)
+€136m
results
Taxes
(102)
+€43m
Minorities
(150)
Non-recurring
items (3)
54
194
+€50m
Net Profit
513
(€158m)
Reported
Net Profit
616
309
Mainly from:
€178m Colombia impairment
€12m of Romania Clawback
The BoD will propose in the 2024 GSM to continue with the scrip dividend programme
for shareholders corresponding to the year 2023, providing once again with a flexible remuneration system
(1) Non-recurring impact at EBITDA level-2023: ~€10m impact from PPA cancellation in Massachusetts; (2) D&A includes Provisions, Depreciation and amortisation and Amortisation of deferred income (government grants); (2) Non-recurring
impact at net profit level-2023: ~€12m in D&A from Romania clawback and ~€178m from Colombia impairment; 2022: ~€54m impairment from Colombia Delay
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