Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Acciona Energia : More limited growth out to 2030 and asset rotation to protect the balance sheet

>Downgrade to Neutral and target price lowered to € 28.1 vs € 41.4 - After the publication of 2023 results that came in below our forecasts and the revision made by the group to its growth profile out to 2030, we have made a marked adjustment to our estimates for 2024-2030 based on average annual growth of 1.25 GW to 1.5 GW, leading to consolidated installed capacity by 2026 of 15 GW vs 18 GW previously. On this basis, our forecasts for EPS have been revised by 43% on...
Underlying
CORPORACION ACCIONA ENERGIAS RENOVABLES SA

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
Louis Boujard, CFA

Philippe Ourpatian

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