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EDP : 9M23 -November 03, 2023 at 09:20 am EDT

SIGNIFICANT NEWSEDP group published satisfactory results for 9M23 solely due to the boom in hydro generation in Iberia which contributed +€1bn vs 9M22. This excellent recovery after a drought year.

EDP s Third-Quarter Profit Rose, Performance Boosted by Hydro Recovery

Portugal s EDP profit soars 83% on hydropower recovery, Brazil unit

Portugal s largest utility EDP posted on Thursday a 83% jump in nine-month net profit thanks to higher hydroelectric production in Iberia and as it booked more earnings from the Brazilian unit.

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