Valuable EDP

National electricity company EDP, which announced profits of 1,024 million euros last week, is now the most valuable brand in Portugal.

Its value is estimated at more than three billion euros, according to a study by Brand Finance.

Portugal Telecom and Pingo Doce are, respectively, 2nd and 3rd, with Caixa Geral de Depósitos and Galp Energia, completing the top five.