Portuguese energy company Energias de Portugal SA (EDP.LB) said Thursday its fourth-quarter net profit fell 1.2% on the year, hindered by weaker operations in Brazil.

 
   MAIN FACTS:

- Net profit fell to EUR301 million in the fourth quarter from EUR304.7 million a year earlier. A Dow Jones Newswires poll of four analysts had estimated net profit of EUR269.8 million net.

- Earnings before interest, taxes, depreciation and amortization, or Ebitda, fell to EUR980.6 million from EUR984.4 million during the same periods.

- Ebitda for EDP's renewable energy unit grew to EUR252.4 million from EUR239.6 million.

- In 2011 as a whole, EDP's net profit rose to EUR1.13 billion from EUR1.08 billion in 2010.

- In December, state-controlled China Three Gorges Corp. acquired a 21% stake in EDP for EUR2.69 billion, as part of Portugal's privatization program.

-Contributed by Carla Canivete of Webtexto to Dow Jones Newswires; +34-91-395 8120; djmadrid@dowjones.com

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