EDP 9M16 Financial Results 2016

EDP reported 9M16 consolidated EBITDA of €2,893m, impacted by lower one-off gains year-over-year but adjusted EBITDA rose 10% to €2,832m. Net profit attributable to shareholders reached €615m (down 16% YoY), though adjusted net profit grew 17% to €667m excluding one-off items. Net debt declined €1.4bn to €16.0bn, driven by regulatory receivables reduction and organic free cash flow generation.