* Does not plan another special dividend in 2009
* Expects to beat synergies target for 2010
* LatAm boosts 9-month core profit
* Reiterates targets 2009 results in line with 2008
* Shares down 2.6 percent
(Adds detail from conference call, share price, analyst)
By Judy MacInnes
MADRID, Nov 3 (Reuters) - Italian power group Enel's Endesa unit said on Tuesday that it has no plans to pay another special dividend in 2009, while reiterating its target for full-year results in line with 2008.
The company also said it expected to beat its 614 million euro ($898.3 million) synergies target for 2010.
"We have no plans to pay another special dividend in 2009," Endesa's chief executive officer Andrea Brentans told analysts during a conference call.
As part of the agreement in February between Spain's Acciona to sell its 25 percent stake in Endesa to Enel, Endesa agreed to pay 6.2 billion euros in dividends, including a special dividend coming from the sale of assets to Germany's E.ON in 2008.
At 1208 GMT, Endesa shares fell 2.57 percent to 22.18 euros, after an initial rise following nine-months results, compared to a 2.13 percent fall on the blue chip IBEX-35
"The news that there will be no special dividend this year is weighing on the share price now," a Madrid-based trader said.
Nine-month core profit grew 6.8 percent to 5.804 billion euros ($8.57 billion) driven by forward power selling and the strength of Endesa's Latin American operations.
Net profit fell 55 percent to 3.048 billion euros due to the absence of one-time gains from the sale of assets to E.ON.
"The results are good considering the difficult operating environment," Banesto Bolsa analysts said in a research note.
Endesa expects to present its new strategic plan in the first quarter of 2010, Brentans said, adding that it is likely the company will achieve higher synergies next year than the 614 million euros already forecast.
"We will achieve these synergies and it is likely they will be higher," Brentans said.
The power group does not have plans to sell assets in Latin America, particularly in Brazil, after selling assets in Colombia.
"We do not plan for any major asset sale in Latin America, particularly not in Brazil, where our business is going well and prospects are good," Brentans said. ($1=.6835 Euro) (Reporting by Judy MacInnes and Clara Vilar; editing by Jon Loades-Carter)