Sunday, March 4, 2012

EDP no Brasil energy sales rise 11.2% Y/Y in Q1 2011.(Financial report)

(ADPnews) - Apr 19, 2011 - The volume of electricity Brazil's utility EDP no Brasil (SAO:ENBR3) sold in the first quarter of 2011 reached 1,991.6 GWh, up 11.2% year-on-year, the company said yesterday.

EDP attributed the favourable results to the seasonal character of its energy sales contracts, with a greater allocation in the first half of the year.

In these first three months of 2011, the total amount of energy distributed by EDP's subsidiaries came in at 6,185 GWh, up 3.8% versus the same period in 2010.

In the distribution segment, the energy sold to final consumers grew by 3.1% to 3,718 GWh. …

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