Lima, October 26th, 2021. Today, Enel Distribución Perú S.A.A. published its financial and operating results for the third quarter of 2021.
“At Enel Distribución Perú we work by putting the customer at the center of all our decisions. The best way to demonstrate this is with actions aimed at providing an ever-better service. For this reason, we are satisfied to maintain the growth of our investments in this period, which has allowed us to guarantee the quality and continuity of the electrical service, to modernize the network through innovative projects, and to advance the electrification of vulnerable areas within our area of concession as part of the “Energía Para Crecer” project, which follows the premise that energy substantially improves people's quality of life”, said Marco Fragale, Country Manager of Enel Perú.
MAIN FINANCIAL RESULTS
(Millions of Peruvian Soles)
|
9M 2021 |
9M 2020 |
% Variation |
REVENUE |
2,540 |
2,253 |
+12.7 % |
EBITDA |
638 |
540 |
+18.2 % |
NET INCOME |
255 |
214 |
+19.0 % |
DEBT WITH THIRD PARTIES |
1,930 |
1,694 |
+14 % |
CAPEX |
361 |
237 |
+52.6 % |
- REVENUE: increased due to higher sales of physical energy (+12.4 %) which took place due to the growth in client consumption linked to the economic recovery, regarding the comparative base of 2020 marked by the suspension of activities due to the pandemic.
- EBITDA: increased due to higher revenue, which compensate for the increase in physical energy purchases (+8.5 %) and a higher energy purchase price (+2 %), associated with the indexation of the contracts tendered.
- NET INCOME: increased mainly due to the better operating result, which compensated for the growth in amortizations due to the effect of investments, as well as the increase in income tax due to a higher tax base in this period.
- DEBT WITH THIRD PARTIES: increased by PEN 237 million, mainly to ensure our commitment to guarantee the continuity and quality of the service provided throughout the pandemic. It also made it possible to finance the annual investment plan and to continue providing payment facilities to our clients during the health emergency.
- CAPEX: increased by PEN 125 million, due to a greater execution of technology projects to optimize processes, improve efficiency, and due to the increase in maintenance and modernization activities for our distribution networks. It should be noted that the electricity supply in our concession area has been operating normally since the beginning of the pandemic, in line with our objective of ensuring the quality and continuity of the service for our clients.
MAIN OPERATING RESULTS
|
Q3 2021 |
Q3 2020 |
% Variation |
ENERGY DISTRIBUTION (GWh) |
6,278 |
5,584 |
+12.4 % |
CUSTOMERS (THOUSANDS) |
1,479 |
1,443 |
+2.5 % |
- ENERGY DISTRIBUTION (GWh): increased mainly due to a recovery in the energy consumption of our customers after the restrictions caused by the pandemic in 2020.
- CUSTOMERS: increased by 2.5 % mainly due to new residential connections (regulated low voltage customers).
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