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Enel posts 6.5% rise in 9-mth core profit on renewable power growth

Global Banking & Finance

By Francesca Landini MILAN (Reuters) -Italy’s biggest utility Enel said on Wednesday its nine-month core profit rose 6.5% year on year, on the back of strong renewable power production, which more than compensated a fall in retail energy prices in its home country.

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Endesa’s 9-month net profit surpasses expectations with 33% increase

Global Banking & Finance

MADRID (Reuters) -Spanish power utility Endesa said on Wednesday that it is on track to meet its targets for the year after a recovery in its gas business helped net profit for the first nine months rise 33%, surpassing analysts’ expectations.

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Naturgy’s profit rises on LNG gains, soothing shareholders

Global Banking & Finance

Naturgy’s profit rises on LNG gains, soothing shareholders By Pietro Lombardi MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas (LNG) business, which could help it to win over restive investors.

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Profit and Loss Statement

Wall Street Mojo

What Is Profit And Loss Statement? A profit and loss (P&L) statement, sometimes called as an income statement, is a financial report that provides investors and outsiders with a financial overview of a company. Table of contents What Is Profit And Loss Statement? Profit and Loss Statement Explained Sample How To Prepare?

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How Small Businesses Can Save Big on Overhead Expenses

Global Banking & Finance

Running a small business can be challenging, particularly when it comes to managing costs and ensuring profitability. One of the primary concerns for any business owner is overhead expenses, which can quickly erode profit margins if not carefully monitored and controlled.

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Mastering M&A Valuations: The Comprehensive Guide to Utilizing the Enterprise Value Calculator

Devensoft

By utilizing the Enterprise Value Calculator, you gain a powerful tool that incorporates various financial parameters to provide a comprehensive valuation of a target company. Navigating M&A Valuations Step-by-Step To effectively utilize the Enterprise Value Calculator, it’s essential to follow a systematic approach.

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COGS Uncovered: What are Cost of Goods Sold and How do they Impact Profitability?

Peak Frameworks

Manufacturing Overhead These are indirect costs linked to the production process, such as factory rent, utilities, and depreciation of equipment. A lower COGS means a higher gross profit margin, which indicates better profitability. When costs are rising, FIFO results in lower COGS and higher profits.