LISBON--Portuguese energy company Energias de Portugal SA (EDP.LB), or EDP, Thursday said first-quarter net profit fell 1% from a year earlier, as a result of higher taxes and provisions.

 
MAIN FACTS: 
 

-Net profit down to 335 million euros ($439.2 million) from EUR337 million a year earlier. The result was higher than the average EUR294.3 million estimate of three analysts polled by Dow Jones Newswires.

-Earnings before interest, taxes, depreciation and amortization, or Ebitda, rose to EUR1.07 billion from EUR1 billion.

-Taxes rose to EUR149 million from EUR79 million a year earlier. Provisions rose to EUR9 million from EUR3 million.

-EDP's renewable-energy division Ebitda was EUR327 million, up from EUR263 million.

Write to Carla Canivete of Webtexto at carla.canivete@dowjones.com

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