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Portugal’s EDP Renovaveis forecasts its EBITDA to grow by 10% this year

Portuguese wind power company EDP Renovaveis (EDPR) forecasts its earnings before interest, taxes, depreciation and amortization (EBITDA) to grow by 10% this year, after reporting weaker than expected 3% growth for 2016, to 1.17 billion euros.

read more... 01/03/2017

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ExxonMobil’s Q4 earnings tumble 40% due to the prolonged downturn in oil prices

U.S. oil giant ExxonMobil reported earnings well below analysts’ expectations on January 31.

read more... 01/02/2017

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Spanish wind park Gamesa profit up 63% to €206 million in the first nine-months of 2016

Spanish wind turbine manufacturer Gamesa increased on Thursday for the second time in a year its 2016 sales and earnings targets, after reporting a 63 percent rise in net profit in the first nine months encouraged by a robust order book from emerging markets.

read more... 11/11/2016

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Royal Dutch Shell: Quarterly earnings plummet over 70%, challenged by low oil and gas prices

British oil major Royal Dutch Shell reported a sharp drop in its quarterly profits, down by more than 70%, below analysts’ expectations.

read more... 28/07/2016

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Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices

Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.

read more... 29/04/2016

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