Redeia Q3 Profit Declines

(RTTNews) - Redeia (RE21.F) reported third quarter consolidated profit attributable to the parent company of 120.4 million euros, down 13.7% from prior year. Net operating profit or EBIT was 199.4 million euros, up 4.0%. Revenues were 406.2 million euros, up 2.0%.

For the nine month period, consolidated profit attributable to the parent company was 389.8 million euros, down 4.6% from prior year. Net operating profit or EBIT was 615.6 million euros, up 3.8%. Revenues were 1.22 billion euros, up 2.5%.

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