Enel CFO says hopes share buyback to be approved on May 22
May 8 (Reuters) - Enel ENEI.MI CFO Stefano De Angelis during a post-results call with analysts:
ENEL EBITDA IN ITALY AT 3 BILLION EUROS IN Q1 2025 DOWN FROM 3.2 BILLION EUROS ONE YEAR AGO
ENEL EBITDA IN LATIN AMERICA AT 1.32 BILLION EUROS IN Q1 2025 FROM 1.29 BILLION EUROS IN Q1 2024 - SLIDE
ENEL CFO: BROWNFIELD OPTIONS ARE PREFERRED TO ADD CAPACITY IN THE U.S.
ENEL CFO: POWER PRICES ARE 30-40% LOWER THAN LAST YEAR IN ITALY
ENEL CFO: CHURN RATE IMPROVED IN ITALY AFTER GROUP REDUCED POWER PRICES FOR RETAIL CUSTOMERS
ENEL CFO: GROUP IS FOCUSED ON RENEWAL OF POWER DISTRIBUTION CONCESSION IN ITALY
ENEL CFO: GROUP COULD CONSIDER TO INVEST MORE IN SPAIN IF REGULATION IS SUPPORTIVE
ENEL CFO HOPES SHARE BUYBACK PLAN WILL BE APPROVED BY SHAREHOLDERS ON MAY 22
ENEL CFO: GROUP IS NOT EXPERIENCING DIFFICULTIES IN TALKS OVER NETWORK LICENCE RENEWAL IN ITALY
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