(Reuters) – Italian energy group Edison reported a 13.3% jump in nine-month core profit (EBITDA) to 1.4 billion euros ($1.5 billion), driven higher by production of renewable energies, gas portfolio optimisation and retail sales, it said on Wednesday.
Italy’s second-largest gas supplier also nudged up its 2024 guidance on EBITDA to at least 1.65 billion euros, leaving room for improvement from a previously released target of 1.65 billion euros.
The group’s net profit for the period stood at 403 million euros, down from last year’s 486 million euros.
(Reporting by Michela Stasio and Alessandro Parodi; Editing by Tom Hogue)