Report
Anis Zgaya ...
  • Philippe Ourpatian

Grenergy renovables : H1 2021 results in line with our estimates. The group is on track on its capacity targets!

>H1 in line with our estimates - Grenergy renovables published this morning its H1 results which came in line with our estimates. Total group sales came in at € 82.5m of which € 32.2m of external sales (+5% y-o-y), in line with our estimates at € 32m. EBITDA came in at € 13.3m, up +40%, vs our estimates at € 12.6m. Net income came in at € 6.8m, up +49%, in line with our estimates at € 6.7m. As expected, the D&C business posted an EBITDA of € 10.1m (almost all in...
Underlying
Grenergy Renovables

Grenergy Renovables Sl. Grenergy Renovables SL is a Spain-based company engaged in the marketing of energy recovery facilities. The Company develops projects and an Independent Power Producer (IPP) that generates renewable energy mainly through solar photovoltaic plants.

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

Philippe Ourpatian

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