EnergyWatch

New strategy will boost Enel even more

Italian energy company Enel was able to grow its results by 17 percent in 2016. But the company's plans are even bigger after the introduction of a new strategy.

Photo: Enel Green Power

Italian Energy company Enel has declined on the top line, but can still take heart from an increased profit.

Revenue in the company fell by seven percent in 2016 to EUR 70.6 billion. The company attributes this setback to exchange rates, a decrease in electricity trading, and reduced electricity prices.

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