Enel Plans to Invest EUR24.6 Billion in Next Three Years
21 Noviembre 2017 - 2:15AM
Noticias Dow Jones
By Pietro Lombardi
Italian energy company Enel SpA (ENEL.MI) said Tuesday that it
is planning 24.6 billion euros ($28.9 billion) in capital
expenditure over the next three years, with a significant amount
earmarked for digitalization.
The company expects to invest about EUR5.3 billion in
digitalization and is targeting earnings before interest, taxes,
depreciation and amortization of EUR3.3 billion in 2020, an
increase of 32% compared with 2017.
Enel confirmed it plans to pay out 70% of its ordinary after-tax
income as dividends from 2018 onwards. For 2018 itself, the company
said its minimum dividend would be EUR0.28, a 33% increase on the
dividend it has guaranteed for 2017.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
November 21, 2017 03:00 ET (08:00 GMT)
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