Spain's Abengoa targeting 25 pct-30 pct net income gain in 2014

Wed Sep 3, 2014 8:49am GMT

MADRID, Sept 3 (Reuters) - Spain's renewable energy and engineering firm Abengoa is targeting a 25 percent to 30 percent improvement in net income in 2014, the company said in a strategy presentation released on Wednesday.

Abengoa, which said core earnings would grow thanks to new concessions projects, is also aiming to improve net income by 40 percent to 60 percent in 2015, according to the presentation slides.

The company made a 101-million-euro (133 million US dollar) net profit in 2013, up 84 percent from 2012. (1 US dollar = 0.7604 euro) (Reporting by Sarah White, Editing by Elisabeth O'Leary)

  • Africa
  • US
  • Europe
  • Asia
UK £ USD =1.2617
Euro USD =1.1124
Rand USD =0.0764