Enel confirms targets after core earnings beat guidance

Italy's biggest utility Enel confirmed its business plan targets on Thursday after core earnings in 2016 beat company guidance, lifted by firmer margins in Latin America, Italy and Spain. In preliminary results, Enel said ordinary earnings before interest, tax, depreciation and amortisation (EBITDA) were 15.2 billion euros (13 billion pounds), above a target of 15 billion euros given in November. "The solid results attained in 2016 also allow us to confirm our group plan targets," CEO Francesco