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Edison, revenues up to 5,8 billion but drought damages the operating margin

The first half of 2012 is positive for the energy company, with revenues up by 9,1% – EBITDA, however, collapses by 27% due to… drought.

Edison, revenues up to 5,8 billion but drought damages the operating margin

Edison's board of directors today approved the figures for the first half which show revenues up 9,1% to 5,8 billion, thanks to the increase recorded by the hydrocarbons sector (+32,5% to 3,39 billion ), and a gross operating margin of 301 million (-26,7%) due to the low rainfall which weighed on hydroelectric production and the compression of margins on sales. Worthy of note is the further growth of the E&P sector, which recorded an increase in production of both oil (+15% to 1,9 million barrels) and gas (+27%) to 1.290 million cubic meters of gas) .

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