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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Enel    ENEL   IT0003128367

ENEL (ENEL)
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Enel : says power plant seized as part of illegal waste probe

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09/28/2017 | 01:04pm CEST
People walk past the logo of Italy's biggest utility Enel at their Rome headquarter

MILAN (Reuters) - Italian prosecutors have ordered the seizure of a power plant run by Italy's biggest utility Enel in southern Italy as part of a probe into illegal waste, Enel said on Thursday, confirming what a source had told Reuters.

"The measures regarding Enel Produzione's power station regard the use of ashes in secondary production processes," Enel said in a statement.

State-controlled Enel said it was confident it would be able to prove its production processes were proper and correct.

Seizure of the plant in Cerano in the southeastern Apulia region did not compromise operations at the plant, it added.

The source said prosecutors had also seized 500 million euros (440.28 million pounds)for alleged illicit profits as part of the investigation.

(Reporting by Vincenzo Damiani and Stephen Jewkes, editing by Valentina Za)

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Financials (€)
Sales 2018 76 627 M
EBIT 2018 10 285 M
Net income 2018 4 142 M
Debt 2018 39 830 M
Yield 2018 6,27%
P/E ratio 2018 11,14
P/E ratio 2019 10,00
EV / Sales 2018 1,12x
EV / Sales 2019 1,10x
Capitalization 45 892 M
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Number of Analysts 27
Average target price 5,58 €
Spread / Average Target 24%
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NameTitle
Francesco Starace Chief Executive Officer, Director & GM
Maria Patrizia Grieco Chairman
Alberto de Paoli Chief Financial Officer & Head-Administration
Angelo Taraborrelli Independent Director
Alberto Bianchi Independent Director
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