Edison S.p.A. announced earnings results for the first half ended June 30, 2017. For the period, the company reported sales revenues were EUR 4,968 million compared to EUR 5,468 million a year ago. Total net revenues were EUR 5,033 million compared to EUR 5,564 million a year ago. EBITDA was EUR 426 million compared to EUR 340 million a year ago. EBIT was EUR 19 million compared to EUR 21 million a year ago. Loss before taxes was EUR 57 million compared to EUR 36 million a year ago. Loss from continuing operations was EUR 134 million compared to EUR 56 million a year ago. Loss was EUR 134 million compared to EUR 56 million a year ago. Diluted loss per common share was EUR 0.0272 compared to EUR 0.0132 a year ago. Diluted earnings per savings share was EUR 0.0250 compared to EUR 0.0250 a year ago. Cash flow from continuing operations was EUR 490 million compared to EUR 502 million a year ago. Additions to intangibles and property, plant and equipment was EUR 195 million compared to EUR 187 million a year ago. As at June 30, 2017, net financial debt amounted to EUR 780 million, a further improvement compared with the EUR 1,062 million recorded at the end of 2016.

The company upgrades its EBITDA guidance for 2017 to about EUR 700 million.