EDP's Profits Rise 3% to €732 Million in First Half
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EDP reported profits attributable to shareholders of €732 million in the first half, a 3% increase from the same period last year. This increase reflects strong performance in renewable energies and the start of a new regulatory period for networks in the Iberian Peninsula. Factors partially offsetting this growth include reduced electricity selling prices in Portugal and Spain. EDP's net debt stood at €17 billion, and the company expects to end 2026 with a record profit of €1.4 billion.
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Expresso
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