Report
Anis Zgaya ...
  • Philippe Ourpatian

Grenergy renovables : Lights on green

>Good results in Q1 thanks to B2S but also B2O - Grenergy’s Q1 2023 results, reported yesterday morning, beat our expectations and those of the Visible Alpha consensus. EBITDA came in at € 14.3m, up 94% on Q1 2022. Net income rose by 16% vs Q1 2022 and came to € 4.9m vs a consensus of € 2.2m. By division, the D&C (build-to-sell) business posted sharply higher EBITDA of € 9.6m vs € 3.4m in Q1 2022 thanks to the sale of two PMGD projects in Chile (21.6MW) deferred from ...
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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