Earnings release
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endesa NOTA DE PRENSA Press Office T +34 91 213 11 02 F +34 91 213 90 95 prensa@endesa.es endesa.com ENDESA RECORDED AN ORDINARY NET PROFIT OF 491 MILLION IN THE FIRST QUARTER OF 2021 AND CONFIRMED ITS FINANCIAL TARGETS FOR THE YEAR Its EBITDA stands at 1.02 billion , in line with forecasts • • Endesa posted net ordinary income of 491 million between January and March , down 41 % . Compared to the 564 million in 2020 ( minus the net effect of provisions recorded the previous year ) , the decrease stands at 13 % EBITDA came in at 1.02 billion , in line with forecasts , despite the tightening of energy market conditions at the beginning of 2021. Compared to the 1.12 billion last year , it is down 9 % The economic - financial targets set at Capital Markets Day last November for this financial year have been re - confirmed to the market • By March , the company had surpassed the mainland production free of carbon dioxide target set for 2023 ( 89 % ) , hitting 91 % • • • The company ended the quarter with all of its bank debt linked to sustainability criteria , including the first credit which incorporates greenhouse gas emission reduction criteria Cash flow multiplied 2.1 times to 583 million The solid growth of the network of electric vehicle charging stations in Spain continued , reaching 7,500 by March ( 7,100 operational at the end of 2020 ) Madrid , 5 May 2021. Endesa kicked off 2021 by re - confirming its main business and financial targets to the market , as well as its path to decarbonisation , in the midst of a tightening of rules in the energy business in Spain caused by two factors : firstly , the lingering impact of the Covid 19 pandemic ; and , secondly , the bullish scenario of pool and commodity prices , in addition to the effects of Storm Filomena . Endesa S.A. - Registered in the Companies Register of Madrid , Page M - 6405 , Volume 468 , Folio 143. Registered address : Calle Ribera del Loira 60 -28042 Madrid - Co. tax code : A - 28023430 1