Sustainable Value Creation and Industrial Growth

Ordinary EBITDA evolution (€bn) EBITDA evolution1 (€ bn) 123 +4% 16.2 15.6 FY 2017 FY 2018 enel € mn Growth in renewables and networks 1,000 Efficiency 315 Perimeter and One-offs² 20 Rounded figures. FY 2017 includes one off for +298 €mn and FY 2018 for +80 €mn. Net delta Perimeter is equal to +238 €mn Includes hyperinflation in Argentina for 62 €mn FX3 (470) Scenario and margins (265) 72 12

View entire presentation