EDP Renovaveis : A somewhat different concept of recurrence
>Neutral recommendation and target price of € 7.0 maintained - The group has reported 2018 performances in line with market expectations. However, EDPR integrates the impact of its divestments of assets and stakes in both EBITDA, by nature an operating indicator, and in the financial results (€ 196m in total vs reported net profit of € 313m). Over 2018, the exclusion of these disposals, non-recurring by nature, points to performances down sharply due to unfavourable w...EDP Renovaveis is a renewable energy company based in Spain. Co. is engaged in activities related to the electricity sector, namely the planning, construction, operation and maintenance of electricity generating power stations, especially hydroelectric, mini-hydroelectric, wind, solar, thermal solar, photovoltaic, biomass and waste plants, among others. Co. designs, develops, manages and operates power plants. Co. generates electricity using renewable energy sources mostly wind energy. Co. owns EDP Renewables Europe that operates in several European countries and Horizon Wind Energy, which operates in the United States. Co. is a part of the Energias de Portugal group.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.