enel spa said late thursday in preliminary results that 2022 revenue and earnings rose as it produced and traded larger volumes of energy for higher average prices the italybased energy company posted revenue of 1405 billion euros 15093 billion for the year up 64 from the eur857 billion it posted in 2021 it said that the increase was due to higher volumes produced and traded in the context of rising prices to higher volumes sold in italy spain and latin america and to positive exchange rate effects the metric includes nonrecurring income of eur11 billion from the sale of enels transmission business in chile the company said earnings before interest taxes depreciation and amortization rose to eur188 billion from eur172 billion the year prior adjusted for oneoffs such as corporate reorganization and pandemicrelated costs ordinary ebitda increased to eur197 billion beating the companys own guidance for the year it said net financial debt rose to eur601 billion at the end of 2022 from eur517 billion the year prior due to financial needs for capital expenditure dividend payments the acquisition of erg hydro srl and negative exchange rate effects enel said