Spain's Endesa beats expectations as quarterly profit rises 24%

Endesa SA

06/05/2026 16:59

MADRID, May 6 (Reuters) - Spanish power utility Endesa ELE.MC posted a 24% rise in first-quarter net profit on Wednesday that beat market expectations.

The company, owned by Italian energy giant Enel ENEI.MI, booked a net profit of 725 million euros in the quarter, compared with 583 million euros a year earlier and 620 million euros expected by analysts polled by LSEG.

(Reporting by Emma Pinedo, editing by Andrei Khalip )

((emma.pinedo@thomsonreuters.com; +34 918 35 68 34;))