Edison closes first half with revenues of 5 billion euros and EBITDA showing strong growth at 426 million euros

Net loss of 140 million euros (-67 million euros in first half of 2016) due to the volatility related to hedging. Debt further improved to 780 million euros from 1,062 million euros as at December 31, 2016.

Milan, July 26, 2017 - The Edison Board of Directors, met today, examining the Semiannual Report at June 30, 2017, which recorded a significant increase in EBITDA thanks to the good performance booked by all business areas. The increase in demand and prices of gas and electricity, coupled with the contribution made by the new energy and environmental services area, which as from April 2016 includes the results of Fenice, made for a great improvement in the company’s industrial performance during the half-year. Edison estimates EBITDA for 2017 to increase to around 700 million euros, taking into account the performance of the first half and seasonal effects.