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Enel: Guidance Tightened, Buyback Underway, Third Growth Engine Emerging

Our call on Enel SpA ( OTCPK:ENLAY )( OTCPK:ESOCF ) and the decision to overweight EU utilities proved correct. Since the H1 results, Enel is up by an additional 13.5% (Fig. 1). After market close, the company released its nine-month results, and, inBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed ...