Margins on the gas and electric power market remain under pressure. The performance of industrial operations is positive, especially the hydrocarbons Exploration and Production activities (+20.6%). The Group reports a net loss of 93 million euros including writedowns of about 70 million euros and the effect of the increase of the so called Robin Hood Tax for 23 million euros. Net financial position at 4.1 billion euros.
Milan, October 28, 2011 – Edison’s Board of Directors met today to review the Interim Report on Operations at September 30, 2011.