Milan, July 30, 2013 – Edison’s Board of Directors met yesterday to review the Semiannual Report at June 30, 2013.
Edison recorded a positive performance both in the Electric Power and Hydrocarbons despite an environment of weak demand in gas and power and an increased competitive pressure. The Electric Power business benefited from good hydro conditions and the optimization of the portfolio. The Hydrocarbons activities benefited from the successful conclusion of the arbitration for the Algerian gas procurement contract in April 2013 and further agreements in July 2013 on the Algerian and Qatari gas supply contracts.
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