Report
Anis Zgaya ...
  • Louis Boujard, CFA

Greencoat Renewables : Growth set to continue with or without a capital increase

>Very strong cash flow generation driving dividend cover of 3.5x - Greencoat Renewables reported its H1 2023 results yesterday. Operating sales rose by 52% y-o-y to € 218m. Cash flow generated by the installed base is up 39% y-o-y, at € 148m. This good performance can mainly be attributed to the coming on stream of new wind capacity (+153 MW relative to December 2022 and 292 MW vs H1 2022) and the group’s exposure to market prices in Ireland (57% of assets are expos...
Underlying
Greencoat Renewables

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
Anis Zgaya

Louis Boujard, CFA

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