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Enel Group Details Financial Targets Under 2024-2026 Strategic Plan

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Enel Group (ENLAY.PK) said, in the 2024-2026 Plan period, the Group expects to focus on: profitability, flexibility and resiliency through selective capital allocation to maximize Group risk/return profile. The Group expects net ordinary income to increase to between 7.1 and 7.3 billion euros in 2026, with a CAGR of around 6%. The Group expects 2023 net ordinary income at 6.4-6.7 billion euros.

The Group expects ordinary EBITDA to grow to between 23.6 and 24.3 billion euros in 2026, with a CAGR of around 5%. The Group expects 2023 ordinary EBITDA at 21.5-22.5 billion euros.

Between 2024 and 2026, Enel Group has planned a total gross capex of approximately 35.8 billion euros. The Group said investments are set to require a lower cash-out flow, with net capex expected to amount to approximately 26.2 billion euros.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.