Enel Distribución Perú S.A.A. announced earnings results for the third quarter and nine months of 2017 and operating results for the third quarter of 2017. For the quarter, the company reported revenues of PEN 2,145 million against PEN 2,190 million a year ago. Revenues decreased by 2.1% due to lower sales in the regulated market, as a result of commercial and industrial medium voltage (MV) regulated customers moving to the free market, where the average prices registered in the period decreased due to the oversupply. EBITDA was PEN 534 million against PEN 539 million a year ago. EBITDA decreased by 1% mainly due to the lower energy margin. Net income was PEN 243 million against PEN 256 million a year ago. Net income decreased by 5.2%, reflecting the EBITDA reduction and the increase in amortizations, mainly related to investments in this period.Net debt was PEN 1,297 million against PEN 1,430 million a year ago. Net debt down by 9.3% due to higher cash balance resulting from better management of commercial receivables.

For the nine months, the company reported CAPEX was PEN 249 million against PEN 291 million a year ago. CAPEX was mainly focused on meeting customer demand by broadening and reinforcing the company's networks, with the aim to ensure quality and safety of service. Capex declined in nine months 2017 compared to the corresponding period of 2016 mainly because of savings arising from better management of processes.

For the third quarter, the company reported energy distribution of 5,973 GWh against 5,811 GWh a year ago. The volume of distributed energy grew by 2.8% compared to the same period of 2016, mainly as a result of a 1.3% increase in distribution to low voltage (LV) customers in the regulated market.