Investor Presentaiton
Net Profit +9% benefitting from improved financial results and lower
taxes and positively impacted by non-recurring items
edp
Recurring Net Profit (1)
€m
EBITDA
ΔΥΟΥ
Reported Net Profit
€m
1,678
-113
-26
952
-139
D&A and
Provisions
726
EBIT
Net Financial Costs
254
+57
Income Taxes
164-
+8
Extraordinary Energy Tax
52
+1
Non-controlling interests 156-
Net Profit
326
315
9% YoY
343
1H20
1H21
Non-recurring -€67m
+17
items
-56
+€17m
-15% YoY
Recurring (1)
€382m
+€326m
(1) Adjustments and non-recurring items impact at net profit level: -€67m in 1H20 including the adjustment for the net profit contribution of 6 hydro plants in Portugal and CCGT and B2C supply sold in
December 2020 (+€66m), early shutdown of Sines (-€89m) and one-off liability management cost (-€45m); +€17m in 1H21 including the net gain from CIDE disposal and curtailment costs in Spain.
Investor presentation
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