By Giulia PetroniNaturgy Energy Group on Monday said that net profit jumped in the first half of the year as results were supported by a positive operating performance despite a decrease in energy prices and persistent volatility. The Spanish utility said net profit came in at 1.04 billion euros ($1.16 billion) in the period compared with EUR557 million a year earlier, supported by a strong performance of liberalized activities as well as a strong deleverage. Earnings before interest, taxes, depreciation and amortization increased to EUR2.85 billion from EUR2.05 billion the previous year. The company said the first interim dividend for 2023 has been set at EUR0.5 a share. Write to Giulia Petroni at giulia.petroni@wsj.com(END) Dow Jones NewswiresJuly 24, 2023 03:18 ET (07:18 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal July 24, 2023 07:27 UTC