IEnova increases profits by 438.5% in 2016
IEnova aumenta un 438,5% sus utilidades en 2016
Intel ID : 245492
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IEnova (BMV:IENOVA), a Mexico City-based energy producer and distributor, registered a profit increase of 438.5% in 2016, compared to the same period of 2015, announced the company in a report published by the Mexican Stock Exchange on 21 February 2017. Specifically, the company registered profits of USD 916m in 2016 and noted the results follow the acquisition of 50% of Gasoductos de Chihuahua (see related transaction) and the launch of operations of the pipeline Los Ramones Norte in February 2016.
(content in spanish)
IEnova (BMV:IENOVA), productora y distribuidora de energía con sede en la Ciudad de México, ha registrado un aumento del 438,5% en sus utilidades durante 2016, comparado con el mismo periodo de 2015, ha informado la compañía en un informe de cuentas publicado por la Bolsa Mexicana de Valores el 21 de febrero de 2017. En concreto, la compañía ha obtenido ganancias por USD 916m en 2016 y ha explicado que los resultados se deben a la adquisición del 50% de Gasoductos de Chihuahua (ver transacción relacionada), y el inicio de operaciones del Gasoducto Los Ramones Norte en febrero de 2016. |
Relevant Documents
| Company Report | 21 Feb 2017 | Ienova_Informe_Cuentas_Trimestrales_2016.pdf | ES |
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| Intel ID | 245492 | |
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Financial Data - IEnova
(31 Dec 2014) |
Revenue: EUR 0,68m Exchange Rate: 
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20.03.10 Power Transmission & Distribution 20 Energy & Utilities / 20.03 Power Generation & Electric Utilities |
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Mergers & Acquisitions
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.