Edition:
United Kingdom

Endesa sees 2020 net profit of 1.6 bln euros


Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - ENDESA SA ::SAYS DIVIDEND TO BE DISTRIBUTED IN 2017-2020 WILL BE EQUIVALENT TO 100 PERCENT OF CO'S NET PROFIT, UNLESS EXCEPTIONAL CIRCUMSTANCES ARISE‍​.SEES DIVIDEND AT MINIMUM 1.32 EUROS PER SHARE FOR 2017 AND GROSS 1.33 EUROS PER SHARE FOR 2018‍​.INTENDS TO PAY THE DIVIDEND IN CASH AND IN TWO PAYMENTS (JANUARY AND JULY).SEES 2020 NET PROFIT OF ABOUT 1.6 BILLION EUROS, 2017-2020 CAGR OF ABOUT 6 PCT.‍​.