Edison: the shareholders’ meeting approves the 2012 annual financial statements and the distribution of a dividend of 0.15 euros on each savings share
Milan, March 22, 2013 – Edison’s Shareholders’ Meeting, convened today at the Company’s Foro Buonaparte headquarters, approved the 2012 annual financial statements and the amendments to Bylaws, elected for three years the Board of Directors and integrated the board of Statutory Auditors.
The Shareholders’ Meeting approved the 2012 financial statements, which show a net profit of 81 million euros (net loss of 871 million euros in 2011), thanks to the positive effect of the renegotiations of long-term contracts, the increase in E&P’s activities, a positive contribution of 80 million euros from the sale of the investment in Edipower and a significant reduction in writedowns.