StocksMedium•5 November 2026•
1 min read
Portugal's EDP Recurring Profit Jumps 22% on Strong Renewables Performance
Key Facts
1Portugal's EDP saw a 22% jump in recurring profit driven by its renewables division and Iberian power networks.
2The group's renewables unit (EDPR) reported a 133% surge in recurring net profit to €439 million for the first nine months of 2026.
Portugal's EDP saw a 22% jump in recurring profit. Reuters reported that the increase was driven by the performance of its renewables division and electricity networks in the Iberian Peninsula.
The group's renewables unit, EDPR, reported a 133% surge in recurring net profit to €439 million for the first nine months of 2026. This growth was supported by asset rotation gains and improved operations in North America, alongside steady performance in power networks.