Endesa : Towards a normalisation of the environment in 2023
>Outperform rating and target price of € 25.3 maintained - 2022 results came in slightly ahead of our expectations and the consensus. Despite a volatile energy price environment, the group has deployed its strategy of preserving its generation margins and as in third quarter, the fourth quarter confirms, from an operational standpoint, the gradual catch-up promised after the low point reached in H1 2022. Endesa's management reaffirmed its confidence that the 2023-2025...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.
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.