Report
Jean-François Granjon

Albioma : Excellent quarterly performance - full-year targets confirmed

>Interim earnings ahead of our expectations - Albioma released strong interim results, ahead of our expectations. They reflect the good sales resilience despite the health crisis context. Interim sales came in at € 250.7m (€ 258.8m estimated) vs € 241m, up 4%. Interim EBITDA came in at € 100.4m (€ 90m estimated) vs € 84.5m, up 19%. The group benefited from the full impact of new plants as well as the IED premiums. Despite an increase in depreciation and financial char...
Underlying
Albioma

Albioma is an independent energy producer that develops projects in the thermal biomass, solar power, and anaerobic digestion sectors. Co. provides industrial partners with expertise in energy production via hybrid combustion of biomass. In addition, Co. produces biogas by biological decomposition of organic matter in a confined oxygen-free medium, which it either converts into electricity and heat or purifies and then injects into the gas transmission network. It operates facilities on Reunion Island, Mayotte, Guadeloupe, Martinique, and French Guyana, mainland France and Southern Europe. Co. divides its operation into three segments: Thermal Biomass, Solar Power, and Anaerobic Digestion.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean-François Granjon

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