Corporate profits news in Portugal

Latest news and stories about corporate profits in Portugal for expats and residents.

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Grid Operator REN Reports 34% Rise in Nine-Month Profit

💶 Finance 🚇 Infrastructure#economic-activity+3 more

Portugal's national energy grid operator Redes Energéticas Nacionais (REN) posted a net profit of €139.3 million for the first nine months of the year, a 34.1% increase compared to the same period last year. The electricity and natural gas network manager attributed the growth to stronger operating performance and a decrease in charges from the extraordinary levy on the energy sector (Contribuição Extraordinária sobre o Sector Energético or CESE).

REN (Rede Eléctrica Nacional) is Portugal's operator for high-voltage electricity transmission and for gas transport infrastructure, responsible for running the transmission grid and keeping the system stable. It also publishes national electricity consumption data and is the main contact in cases of large-scale outages or transmission issues.

5 sources →12 Nov

Grid Operator REN Reports 34% Rise in Nine-Month Profit

Recent articles

Fosun profits rise 160% in the first half. Fidelidade grew 24% despite the storms

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Fosun, which controls nearly 85% of Fidelidade and 20.45% of BCP, announced this Thursday that it increased profit attributable to shareholders by 160.3% in the first half of the year, to 1.72 billion renminbi, equivalent to approximately 218 million euros. Among the Chinese group's main operations, Fidelidade recorded a net profit...

eco.sapo.pt27 Aug

Fosun profits rise 160% in the first half. Fidelidade grew 24% despite the storms

Galp profits soar to 4.5 million euros per day

💶 Finance 🌱 Environment#corporate-profits+2 more

Increased oil production in Brazil and the price of Brent crude boost the Portuguese oil company's results up to June.

cmjornal.pt28 Jul

Galp profits soar to 4.5 million euros per day

Galp profits rise 44%, improves annual estimates and increases shareholder returns

💶 Finance 🌱 Environment#corporate-profits+2 more

In the first half of the year, Galp achieved almost all of the operating profit it expected for 2026, thanks to higher oil prices. The company is acquiring more wind farms in Spain.

publico.pt27 Jul

Storms 'drag down' more than 60% of Altri's profits through June

💶 Finance 🌱 Environment#corporate-profits+2 more

The series of storms that occurred in Portugal and devastated the Central region also caused damage to Altri's accounts in the first half of this year. The group, which owns the companies Biotek, Caima, and Celbi, recorded profits of 4.6 million euros in the first semester, which corresponds to a 66.6% drop compared to...

eco.sapo.pt23 Jul

Storms 'drag down' more than 60% of Altri's profits through June

Repsol profits soared 153.8% to 929 million euros in the 1st quarter

💶 Finance 🌱 Environment#corporate-profits+1 more

Repsol's profits soared 153.8% in the first quarter of the year, reaching 929 million euros, driven by capital gains that reflect the impact of rising prices for crude oil and refined products.

rtp.pt30 Apr

Repsol profits soared 153.8% to 929 million euros in the 1st quarter

5 countries ask Brussels to tax energy companies benefitting from Iran crisis

💶 Finance 🇪🇺 Europe 🏛️ Government#corporate-profits+3 more

Austria, Germany, Italy, Portugal and Spain want extra corporate profits generated during the Mideast conflict to be distributed fairly.

POLITICO Europe4 Apr

Profit is a good thing

💶 Finance 🏛️ Government#corporate-profits+3 more

The largest Portuguese companies, particularly those listed on the stock exchange, have begun publishing their 2025 accounts. Profits have generally grown, as has the economy. This is good news. However, it is unfortunate that both companies and much of the media have failed to contextualise these results, simplistically announcing record profits and encouraging judgements of speculative activity that exclusively benefit shareholders at the expense of consumers and workers. Many articles and commentaries have shown a latent aversion to profit and the market economy, forgetting that the absolute value of results is only meaningful in relation to the equity invested and investment prospects. Judging results solely by their absolute value implies that capital has no cost for shareholders or that the return they expect from their investment is irrelevant. The truth is that capital has a cost, equivalent to the loss of the alternative return that another investment, inside or outside the country, could bring to the investor. A return that is misaligned here, due to contextual costs and misguided public policies, leads to much of the already scarce Portuguese capital being drained to foreign markets where remuneration is much higher and respects a fair relationship with investors. This is also why our capital market has been withering, with a stock exchange where only 35 to 40 companies are listed and only 16 of them make up the main index, unable to attract national or foreign savings in search of profitability to support the financing of the economy. Without profits that fairly remunerate capital, there are no large companies, and without large companies—which are the ones that invest the most, innovate, pay better wages, and structure the business fabric of thousands of others—the economy loses and we all lose. Today, the largest Portuguese group is almost three times smaller than the 10th largest Spanish group in terms of turnover and market value, whereas in the mid-1960s, CUF was the largest industrial group on the Iberian Peninsula and the 5th largest chemical conglomerate in Europe. Without profit, there is no economy. Regenerating the idea of profit as a fair and adequate remuneration for invested capital is a true public service.

Dinheiro Vivo27 Mar

Portugal

1991:The Santa Cruz massacre
Indonesian troops open fire on a peaceful procession of more than 2,000 people at the Santa Cruz cemetery in Dili, East Timor, killing scores of young Timorese. Footage smuggled out by the British cameraman Max Stahl was shown around the world and revived the cause of independence for Portugal's former colony.
Read more Portugal in Europe, 1986–today
1975: Tens of thousands of demonstrators, most of them construction workers demanding a collective labour agreement, surround the Constituent Assembly at São Bento, keeping the deputies inside for some 36 hours and holding Prime Minister Pinheiro de Azevedo in his official residence next door until the government gives in to their demands. The siege marked the final phase of the revolution, ended by the events of 25 November.

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2014: After a ten-year journey aboard the Rosetta spacecraft, the European Space Agency's Philae lander touches down on comet 67P/Churyumov–Gerasimenko, the first soft landing of a spacecraft on a comet.

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Question 1 of 25 • 2 min quiz

Profit is a good thing

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Dinheiro Vivo27 Mar