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Follow on Google News | EDP Renewables increase their income by 22%The Portuguese multinational states in its first quarterly report, an increase of 22% of their income "to reach 346 million euros", and net income has also grown, "a 26% to 62 million euros" .
By: The energy News EBITDA (earnings Before interest, taxes, depreciation and amortization) The firm also Lusa said growth in operating cash flow 17% year on year to 202 million euros in the first quarter of 2012, "much higher than the 55 million euros for investments in equipment" . This growth-points in its balance sheet, represents 77% of EBITDA in the first quarter of 2012, "which shows he concludes the company's ability to transform financial performance in generating cash." Moreover, in 2012, the company plans to increase its capacity to "500 MW in high quality projects with sales prices are above average and excellent load factors, to close the year with a total installed capacity of 8 GW" . Visit http://www.tucomado.com and learn how to save home energy and save money. End
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