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Administracion Nacional de Usinas y Transmisiones Electricas (U.T.E.) (Uruguay)

Main Activities: Hydroelectric Power Generation | Fossil Fuel Electric Power Generation | Electric Power Transmission, Control, and Distribution
Secondary Activities: Wind Electric Power Generation
Full name: Administracion Nacional de Usinas y Transmisiones Electricas (U.T.E.) Profile Updated: October 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

The Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE) is a public company in the Energy Sector that works to make electricity accessible in the country through the development of activities such as generation, transmission, distribution, and commercialization of electric energy. They also provide advisory and technical assistance services in their specialty areas. UTE's management model focuses on generating public value by ensuring sustainable electric service for all individuals and entities residing in the national territory. UTE provides energy to over 1,475,000 customers within the country and exports to neighboring countries. They have their own renewable energy generation plants, including hydro, wind, and photovoltaic, as well as thermal energy backup. UTE also has interconnections with Argentina and Brazil, which strengthens the Uruguayan electrical system. The company aims to optimize costs, maintain a good quality of service, expand facilities to meet market growth, and contribute to the common good. UTE emphasizes the importance of its employees as public servants in their daily work.

Headquarters
Jose P. Varela con Av. Jose Batlle y Ordonez, 20000 Maldonado
Montevideo; Montevideo; Postal Code: 11800

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Website: https://www.ute.com.uy/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
Key Executives
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President
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Vice President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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100%
Subsidiaries
Fideicomiso Financiero Linea Cierre Anillo Trasmision
100%
Interconexion Del Sur S.A.
98.61%
Fideicomiso Financiero Pampa (Ecuador)
20.091%
Company Performance
Financial values in the chart are available after Administracion Nacional de Usinas y Transmisiones Electricas (U.T.E.) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency UYU. Absolute financial data is included in the purchased report.
Net sales revenue
8.31%
Total operating revenue
16.11%
Operating profit (EBIT)
581.2%
Net Profit (Loss) for the Period
708.83%
Total assets
3.75%
Total equity
4.32%
Operating Profit Margin (ROS)
27.89%
Net Profit Margin
21.45%
Return on Equity (ROE)
5.57%
Debt to Equity Ratio
1.73%
Quick Ratio
0.06%
Cash Ratio
-0.03%

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