European Energy and Banking Firms Report Strong Half-Year Profits
Several European energy and banking companies, including Eni, Endesa, EDP Renováveis, and Ecobank, have reported significant increases in their net profits for the first half of 2026. Eni saw a 43% rise, Endesa a 41.2% increase, EDP Renováveis a 96% jump, and Ecobank posted $423 million in profit before tax.
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Eni says net profit rose 43% to €3.635 bn in first half of 2026
(ANSA) - ROME, JUL 29 - Italian energy giant Eni said Wednesday that it made a net profit of 3.635 billion euros in the first half of 2026, an increase of 43% with respect to the equivalent period last year. The results were driven by a 106% increase in income in the second quarter, when it climbed to 2.3 billion euros as energy prices rose as a result of the Iran war. "Our focus on executing our strategy has driven excellent results in 2Q '26 underpinned by our diversified portfolio that pro...
By ANSA
Read full article →Ecobank posts $423m PBT in H1 2026
Ecobank Transnational Incorporated reports a $423m profit before tax in H1 2026, a 6% increase. Discover key drivers and strategic achievements. Read More: https://punchng.com/ecobank-posts-423m-pbt-in-h1-2026/
By Punch Newspapers
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