Enel : H1 24 in line, 2024 EBITDA at top of guidance range and dividend above floor
>Outperform rating and € 9.20 target price maintained - Enel’s H1 24 performances were broadly in line with our expectations. As expected, the first half was driven by generation and marketing. Management confirmed the group’s compliance with the 2024-2026 trajectory given last November. It has raised the landing point for EBITDA at the top of the range, with no adjustment to the net income guidance. The good news also came from the dividend, with free cash flow achie...Enel Societa Per Azioni is engaged in the generation and sale of electricity through its Generation, Energy Management and Sales Italy Division. Co. is also engaged in the distribution of electricity (Enel Distribuzione) and public and artistic lighting (Enel Sole) in Italy through its Infrastructure and Networks Division. Co.'s Iberia and Latin America Division coordinates Co.'s operations in the electricity and gas markets in Spain, Portugal and Latin America. Co.'s Engineering and Research Division manages the engineering processes related to the development and construction of power plants. Co.'s other divisions are the International Division as well as the Renewable Energy Division.
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.