Oddo BHF - Greencoat Renewables (GRP) Greencoat Renewables : Good H1 2024 results despite a less favourable price base effect

Report

Oddo BHF

Anis Zgaya ...

Louis Boujard, CFA

Greencoat Renewables : Good H1 2024 results despite a less favourable price base effect

>Resilient H1 Results - Greencoat Renewables published this morning its consolidated H1 2024 interim results. Operational revenue came in at € 223.5m, up 2% y-o-y, thanks to higher generation (1,927 GWh in H1 2024 vs 1,586 GWh in H1 2023) and despite lower power market prices during H1 2024. Operational EBITDA came in at €145.2m slightly below H1 2023 (€149.4m) and net cash generation came in as expected at €113.6m, down 9% y-o-y. Net dividend cover stayed very high...

16/09/2024 1 FR

Underlying

Greencoat Renewables

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IE00BF2NR112 Irish Stock Exchange Ireland

Provider

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.

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Analysts

Anis Zgaya

Louis Boujard, CFA

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Greencoat Renewables : Good H1 2024 results despite a less favourable price base effect

Greencoat Renewables - Efficient capital allocation and increasing demand

Greencoat Renewables : Good H1 2024 results despite a less favourable price base effect

Altarea : We are initiating the new bonds with a Neutral recommendation

Altarea : Nous initions les nouvelles obligations à Neutre

tonies SE : Think outside the Box!

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