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    ENEL   IT0003128367

ENEL S.P.A.

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Enel studying options after Privacy watchdog fine on client data use

01/19/2022 | 03:20pm EDT
A logo of Italian multinational energy company Enel is seen in Milan

MILAN (Reuters) - Enel said on Wednesday it would consider all its options after Italy's Privacy watchdog fined its energy sales unit 26.5 million euros ($30 million) for improper use of client data.

In its ruling the Privacy regulator said it had received hundreds of complaints from consumers over unwanted sales calls in Enel Energia's name, and general difficulty in exercising rights over data protection.

The watchdog said that besides the fine, Enel Energia also had to introduce measures to make sure it complied with national and European rules on the safeguarding of data.

In a statement on Wednesday, Enel's retail energy sales unit said it had always acted in full respect of existing regulations and was "not involved in any conduct of unsolicited phone calls".

($1 = 0.8814 euros)

(Reporting by Stephen Jewkes; Editing by Jan Harvey)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ENEL S.P.A. 3.15% 6.123 Delayed Quote.-15.75%
ON SEMICONDUCTOR CORPORATION 0.70% 56.46 Delayed Quote.-16.87%
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Analyst Recommendations on ENEL S.P.A.
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Financials
Sales 2022 89 896 M 94 837 M 94 837 M
Net income 2022 5 652 M 5 963 M 5 963 M
Net Debt 2022 57 351 M 60 504 M 60 504 M
P/E ratio 2022 11,0x
Yield 2022 6,53%
Capitalization 62 221 M 65 641 M 65 641 M
EV / Sales 2022 1,33x
EV / Sales 2023 1,45x
Nbr of Employees 66 867
Free-Float 76,4%
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Technical analysis trends ENEL S.P.A.
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 6,12 €
Average target price 8,29 €
Spread / Average Target 35,3%
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Managers and Directors
Francesco Starace Head-Marketing Division
Alberto de Paoli CFO, Head-Administration, Finance & Control
Michele Alberto Fabiano Crisostomo Chairman
Anna Chiara Svelto Independent Director
Cesare Calari Independent Director
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