Lisbon Informer

Portugal BES 9-month profit down 47 pct, beats expectations LISBON Nov 13 (Reuters) – Portugal's Banco Espirito Santo (BES) posted on Tuesday a 47 percent fall in its January-September net profit after hefty one-off gains a year ago and due to a rise in provisions for bad loans and asset depreciation amid … Full News [...]

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EDP Renewables profit beats forecast LISBON Nov 6 (Reuters) – EDP Renewables, the wind unit of EDP Energias de Portugal, beat expectations with a 48 percent rise in nine-month net profit on rising power generation and higher average prices. Net profit at EDPR, the world's fourth-largest … Full News here – Read more on Reuters

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REN H1 profit up 3 pct on larger network, cost cuts LISBON, July 31 (Reuters) – Portuguese power grid operator REN reported on Tuesday a 3 percent rise in first-half net profit driven by network growth and helped by cost cuts, despite the country's recession. The company's net profit rose to 70.6 … Full News [...]

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LISBON, July 30 (Reuters) – Banco Espirito Santo, Portugal’s second-largest listed bank by assets, posted on Monday a steep 86 percent fall in first half net profit that came largely in line with market expectations after taking a hit from a … Full News here – Lisbon – Bing News

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Banco Espirito Santo SA (BES), Portugal’s biggest publicly traded bank by market value, fell as much as 3.7 percent in Lisbon trading after reporting a drop in first- half profit. The stock declined as much as 1.9 cents to 49.7 euro cents, and … Full News here – Lisbon – Bing News

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July 30–If you’re looking for a shale success story, look no farther than Lisbon, a small town that’s hit it big. Local roads have been transformed from gravel to asphalt. There’s talk of widening Lincoln Way, the main thoroughfare, to four lanes. Full News here – Lisbon – Bing News

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LISBON, July 27 (Reuters) – Portuguese fuel and oil company Galp Energia on Friday posted a sharper-than-expected 81 percent increase in adjusted second-quarter net profit as its oil output rose and refining margins improved. Galp said in a … Full News here – Lisbon – Bing News

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LISBON, July 25 (Reuters) – Portuguese retailer Jeronimo Martins on Wednesday posted a 4 percent drop in second-quarter net profit, but said it remained hopeful to post a strong set of results for the year despite an economic slowdown in its key … Full News here – Lisbon – Bing News

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LISBON, July 25 (Reuters) – EDP Renewables, the wind energy unit of Energias de Portugal, posted on Wednesday a higher-than-expected 12 percent rise in its first-half net profit on rising power generation and a higher average price of its energy. Full News here – Lisbon – Bing News

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