The Company reported net profit of € 217.4Mn, a year-on-year increase of 8.1%

27 October 2009

Enagás invested a record €763.8Mn

Assets brought on stream totalled €892.2Mn, mainly as a result of the commissioning of the Mainland-Balearics pipeline

The Company managed to cut operating expenses by 4.1% year-on-year and to contain its financial costs

Enagás is in sound financial health and so will be able to follow through on investments planned until 2012

In September, Enagás carried out a €147.5Mn private bond placement with the Japanese subsidiary of North American insurer AFLAC

9M09 earnings are in line with the Company’s 2009 guidance.

Enagás reported net profit of €217.4Mn for the first nine months of 2009, a 8.1% increase on the 9M08 figure of €201.2Mn. EBITDA totalled €515.5Mn, 5.8% higher than the year-earlier figure of €487.2Mn.

The Company was able to cut operating expenses by 4.1% year-on-year, mainly as a result of implementing its 2008-2010 Efficiency and Cost Containment Plan.


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