Ankündigung • Mar 25
Endesa, S.A., Annual General Meeting, Apr 28, 2026 Endesa, S.A., Annual General Meeting, Apr 28, 2026. Location: calle ribera del loira 60, madrid., Spain Ankündigung • Oct 30
Endesa, S.A. Confirms Earnings Guidance for the Year 2025 Endesa, S.A. confirmed earnings guidance for the year 2025. These results allow the company to confirm that it is well on track to reach the upper range of forecast, in terms of net income. The company confirm that it expect to reach the top end of the Capital Market Day guidance for the full year 2025. Ankündigung • Aug 04
Office National De L'electricite Et De L'eau Potable acquired remaining majority stake Energie Electrique de Tahaddart S.A. from Endesa, S.A. (BME:ELE) and Siemens Project Ventures GmbH. Office National De L'electricite Et De L'eau Potable acquired remaining majority stake Energie Electrique de Tahaddart S.A. from Endesa, S.A. (BME:ELE) and Siemens Project Ventures GmbH on April 29, 2025. According to Endesa's quarterly accounts, the transaction resulted in a loss of €1 million, and it reportedly earned €11 million from the sale.
Office National De L'electricite Et De L'eau Potable completed the acquisition of remaining majority stake Energie Electrique de Tahaddart S.A. from Endesa, S.A. (BME:ELE) and Siemens Project Ventures GmbH on April 29, 2025. Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: €0.44 (vs €0.48 in 2Q 2024) Second quarter 2025 results: EPS: €0.44 (down from €0.48 in 2Q 2024). Revenue: €5.07b (up 6.0% from 2Q 2024). Net income: €458.0m (down 9.8% from 2Q 2024). Profit margin: 9.0% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Apr 01
Final dividend of €0.66 announced Shareholders will receive a dividend of €0.66. Ex-date: 27th June 2025 Payment date: 1st July 2025 Dividend yield will be 1.7%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 5.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Mar 27
Endesa, S.A., Annual General Meeting, Apr 29, 2025 Endesa, S.A., Annual General Meeting, Apr 29, 2025. Location: calle ribera del loira 60, madrid Spain Upcoming Dividend • Dec 31
Upcoming dividend of €0.41 per share Eligible shareholders must have bought the stock before 06 January 2025. Payment date: 08 January 2025. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Mexican dividend payers (6.9%). Lower than average of industry peers (6.3%). Declared Dividend • Dec 14
Dividend of €0.41 announced Shareholders will receive a dividend of €0.41. Ex-date: 6th January 2025 Payment date: 8th January 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (41% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.2% to bring the payout ratio under control. EPS is expected to grow by 35% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Mex$433, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electric Utilities industry in South America. Total returns to shareholders of 12% over the past three years. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: €0.57 (vs €0.17 in 3Q 2023) Third quarter 2024 results: EPS: €0.57 (up from €0.17 in 3Q 2023). Revenue: €5.25b (down 12% from 3Q 2023). Net income: €604.0m (up 236% from 3Q 2023). Profit margin: 12% (up from 3.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Electric Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 29
Acciona Energia Hydro Assets Reportedly Attract Big-Name Bidders The reported hydropower asset sale by Spanish renewables company Corporación Acciona Energías Renovables, S.A. (BME:ANE) has caught the eye of utility heavy-weights Endesa, S.A. (BME:ELE) and Statkraft AS, business newspaper Cinco Dias reported on 25 October 2024. Spanish renewables developer and asset manager Exus Partners and Austrian energy group KELAG-Kärntner Elektrizitäts-Aktiengesellschaft (Kelag) are also said to be among the potential bidders for Acciona Energia's hydro portfolio in Spain, which is expected to be valued at around EUR 1 billion (USD 1.08 billion), according to the report. Acciona Energia has already enlisted banks to help find buyers for the portfolio and expects to receive the first non-binding offers in early November, as Reuters recently reported. Endesa is not only a strong competitor for this acquisition, but the Spanish utility is also familiar with Acciona Energia's hydropower plants, according to Cinco Dias. Board Change • May 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Stefano De Angelis was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 22
Endesa, S.A., Annual General Meeting, Apr 24, 2024 Endesa, S.A., Annual General Meeting, Apr 24, 2024, at 12:00 Central European Standard Time. Location: calle Ribera del Loira no. 60, Madrid Spain Agenda: To consider approval of the Individual Annual Financial Statements of ENDESA, S.A.; to consider approval of the Individual Management Report of ENDESA, S.A. and the Consolidated Management Report of ENDESA, S.A. and its subsidiary companies for fiscal year ending 31 December 2023; to consider approval of the Non-Financial Information and Sustainability Statement of the Consolidated Group for fiscal year ending 31 December 2023; to consider approval of the corporate management for fiscal year ending 31 December 2023; to consider approval of the application of profits corresponding to the fiscal year ended 31 December 2023 and the resulting distribution of a dividend charged to those profits and to retained earnings from previous years; and to transact other business. Board Change • Feb 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Stefano De Angelis was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 21
Endesa, S.A. to Report Fiscal Year 2023 Results on Feb 08, 2024 Endesa, S.A. announced that they will report fiscal year 2023 results on Feb 08, 2024 Ankündigung • Nov 24
Endesa, S.A. Announces Interim Dividend for 2023, Payable on 2 January 2024 Endesa, S.A. return to paying the dividend in 2 installments as in previous years. 2023 interim dividend will amount to EUR 0.5 per share to be paid the 2nd of January 2024. Ankündigung • Sep 20
Endesa Reportedly Eyeing Sale of 49% Stake in 2-GW Portfolio Endesa, S.A. (BME:ELE) is seeking to sell a minority stake in a 2,000-MW renewables portfolio to a strategic partner, media in Spain reported on 18 September 2023 citing unnamed sources. Spanish business news outlet Cinco Dias was the first to report that the utility engaged banks Banco Santander SA (BME:SAN) and Intesa Sanpaolo SpA (BIT:ISP) to work out a deal. Endesa is open to selling up to a 49% stake in the portfolio, which the sources say is filled mainly with solar photovoltaic assets. The package will include both projects in development and assets in operation, with some power purchase agreements (PPAs) in it as well, Cinco Dias reports. The portfolio is worth around EUR 2 billion (USD 214bn), according to initial valuations by the banks, Cinco Dias and news agency Europa Press have learned. Endesa has declined to respond to their requests for comment. The company has 9,293 MW of installed renewable energy capacity in mainland Spain, according to its 2023 half-year earnings report. It operates as a utility in Spain and Portugal. New Risk • Jul 29
New major risk - Financial position The company has a high level of debt. Net debt to equity ratio: 203% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks High level of debt (203% net debt to equity). Dividend is not well covered by cash flows (146% cash payout ratio). Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: €0.27 (vs €0.55 in 2Q 2022) Second quarter 2023 results: EPS: €0.27 (down from €0.55 in 2Q 2022). Revenue: €5.75b (down 20% from 2Q 2022). Net income: €285.0m (down 51% from 2Q 2022). Profit margin: 5.0% (down from 8.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in South America are expected to grow by 1.4%. Ankündigung • Jul 06
Enel Dismisses Rumours over Sale of Endesa Enel SpA (BIT:ENEL) dismissed suggestions that it is planning to sell its majority stake in Spain’s Endesa, S.A. (BME:ELE) and that a deal had been discussed involving energy group Repsol, S.A. (BME:REP). El Confidencial reported on July 4, 2023 that Repsol Chairman Antonio Brufau had met Borja Prado, an investment banker and former Endesa chairman, to discuss a potential takeover of Endesa before Spain’s election this month. “Enel dismisses the rumours about Endesa as totally groundless,” the Italian power group said in a statement, responding to a report by Spain’s El Confidencial. “Enel has no intentions of selling its stakes in Endesa, neither now nor in the future, as the company is a key asset for its strategy.” The Italian company also emphasised that there have been no discussions on any such deal. “There has never been any meeting between the managers of Enel and Repsol, nor with Borja Prado. This false news risks having distorting effects on the performance of the stock market,” it added. A Repsol spokesperson said that company is not studying any deal for Endesa. Enel’s 70% stake in Endesa, Spain’s largest electricity provider, has a market value of nearly EUR 15 billion ($16 billion) at July 4, 2023 share prices. Its sale would significantly reduce Enel’s net debt, analysts at Equita brokerage said in a report. However, it added that the Italian group’s current asset disposal strategy does not include the stake in the Spanish group. Board Change • May 11
High number of new directors Director Francesca Gostinelli was the last director to join the board, commencing their role in 2022. Ankündigung • Jan 25
Endesa, S.A. to Report Fiscal Year 2022 Results on Feb 24, 2023 Endesa, S.A. announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Feb 24, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of €0.76 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.7%. Within top quartile of Mexican dividend payers (5.8%). Higher than average of industry peers (6.2%). Board Change • Jun 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Cristina de Halcon was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Cristina de Halcon was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 11
High number of new directors Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.36 (up from €1.32 in FY 2020). Revenue: €20.5b (up 23% from FY 2020). Net income: €1.44b (up 2.9% from FY 2020). Profit margin: 7.0% (down from 8.3% in FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to stay flat compared to a 6.2% decline forecast for the industry in Mexico. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.36 (up from €1.32 in FY 2020). Revenue: €20.5b (up 23% from FY 2020). Net income: €1.44b (up 2.9% from FY 2020). Profit margin: 7.0% (down from 8.3% in FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to stay flat compared to a 6.2% decline forecast for the industry in Mexico. Board Change • Feb 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 23
Upcoming dividend of €0.41 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 03 January 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.0%. Within top quartile of Mexican dividend payers (5.0%). Higher than average of industry peers (4.9%). Board Change • Dec 11
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 28
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Maria Bieto Caubet was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 22
Upcoming dividend of €1.06 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 01 July 2021. Trailing yield: 8.9%. Within top quartile of Mexican dividend payers (5.1%). Higher than average of industry peers (4.4%). 
