Revenue and EBITDA comparison of major European utilities for the first half of 2022 and 2021

Sources

Financial reporting: EDF, Enel, EnBW, Iberdrola, Vattenfall, Endesa, EDP, RWE, Verbund, Orsted, Statkraft.

Notes

Most of these utilities are diversified geographically. For example, utilities like Iberdrola, EDP, ENEL have a strong presence in North and Latin America, where market has different regulations and dynamics. Some European utilities also operate in the United Kingdom and some have a global presence. Majority of these utilities are also integrated, allowing them to benefit cash flows from activities across the value chain.