CORRECTED - Acciona 2011 profit jumps to EUR 202m

CORRECTED - Acciona 2011 profit jumps to EUR 202m

Feb 24, 2012 - Spanish infrastructure and renewable energy company Acciona (MCE:ANA) revealed yesterday a 2011 net profit of EUR 202 million (USD 269.9m), up 20.8% on the year, ahead of its 2011 results press conference planned on February 27.
Revenue expanded by 6.1% to EUR 6.646 billion at end-2011, while earnings before interest and tax (EBIT) soared by 20% to EUR 632 million.
Despite the strong results, the company closed at EUR 60.32, down 1.97%, yesterday on the Spanish stock exchange.
(EUR 1.0 = USD 1.336)

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