Enel SpA reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of EUR 20,885 million compared to EUR 21,193 million a year ago. Operating income was EUR 2,554 million compared to EUR 2,859 million a year ago. Income before taxes was EUR 1,909 million compared to EUR 2,250 million a year ago. Income from continuing operations was EUR 1,173 million compared to EUR 1,475 million a year ago. Net income attributable to shareholders of the parent company was EUR 852 million or EUR 0.09 per basic and diluted share compared to EUR 1,154 million or EUR 0.12 per basic and diluted share a year ago. Cash used in operating activities was EUR 925 million compared to cash generated from operating activities of EUR 67 million a year ago. EBITDA was EUR 4,077 million compared to EUR 4,257 million a year ago. EBIT was EUR 2,554 million compared to EUR 2,859 million a year ago. The decline in revenue is largely due to the fall in revenues from the sale of electricity to end users, only partially offset by an increase in revenues from the transport and generation of electricity. Capital expenditure was EUR 1,045 million, a decline of 20.5% compared with the corresponding period in 2012. Net debt increased by about EUR 300 million to EUR 43.3 billion.

Enel SpA, Q1 2013 Earnings Call, May 07, 2013

Open Joint Stock Company Gazprom is close to acquiring Marcinelle Energie SA from Enel SpA, Milano Finanza reported. E.ON SE, GDF Suez S.A. and RWE AG have also reportedly expressed interest in Marcinelle Energie but Gazprom is said to be the one that will buy it. Marcinelle Energie has always been target of Gazprom, which has been in talks with Enel for a year now, Milano Finanza reported.