EBITDA advanced 9.3% to €298.2Mn, compared to €272.8Mn obtained in 1H06.
Good progress was made towards obtaining authorisation for gas infrastructure projects worth €1.6Bn in the first six months of the year.
Enagás’ Board of Directors approved investment projects worth €522.8Mn.
In the first half of 2007 Enagás reported net profit of €117Mn, a 5.1% increase on the €111.3Mn reported in 1H06.
In 1H07 revenue from regulated activities totalled €390.3Mn vs. €361.5Mn in 1H06 (+8%). OIBDA for the first half of 2007 advanced 1.86% yoy to €109.3Mn vs. €107.3Mn.
EBITDA at 30 June 2007 totalled €298.2Mn, 9.3% higher than the €272.8Mn generated in 1H06.
The provision for depreciation of fixed assets in 1H07 amounted to €95Mn, an 18.1% rise yoy. This increase relates to the depreciation of assets brought on stream in 2006 and as a result of the reduction in the useful life of underground storage assets, as stipulated by Ministerial Order ITC 3995/2006 published on 30 December 2006.
EBIT for the first half of 2007 rose 5.6% to €203.1Mn compared to €192.3Mn in 1H06.