22-07-2025
Spain's Enagas swings to first-half net profit
MADRID, July 22 (Reuters) - Spanish gas grid operator Enagas ( opens new tab said on Tuesday it booked a net profit of 176 million euros ($205.66 million) in the first half of the year, helped by gains from a disposal and the upwards revision of the amount it was awarded in an arbitration on an investment in Peru.
In the same period last year, the company had a loss of 211 million euros, dragged by a capital loss on the sale of an asset in the U.S.
The company said it is on track to achieve its profit target for the year.
($1 = 0.8558 euros)
