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Home » Finance » Grenergy Reports Strong Q1 Profit Boost on Asset Sales and Energy Division Growth
Finance

Grenergy Reports Strong Q1 Profit Boost on Asset Sales and Energy Division Growth

By Michael CarterMay 26, 20252 Mins Read
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Credit:Grenergy
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Spanish renewable energy firm Grenergy Renovables (GRE.MC) on Monday reported a fivefold increase in first-quarter net profit, reaching €32 million, driven by asset sales in Chile and increased energy division revenues. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 165% to €62 million, while revenues more than doubled to €237 million, the company said

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