Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Endesa : 9M 2024 slightly higher than expected, 2024 should be in the high end of the guidance range

>Outperform recommendation and € 25.3 target price reiterated - Reported 9M 2024 figures were a bit higher than our estimates and the consensus. The performance was in line with H2 guidance and the last strategic plan presented in November 2023, which covered 2024-2026. Endesa should present an updated strategy on 19 November. The group once again confirmed its 2024 guidance, specifying that it expects to reach the high end of its EBITDA and attributable net profit gu...
Underlying
Endesa S.A.

Endesa is engaged in the production, transmission, distribution, and supply of electricity, through hydroelectric, fossil fuel, and nuclear generation. Co. is also engaged in the mining of coal for use in its fossil-fuel electric plants; mining research; land restoration, and environmental monitoring and control.

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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