Report
Anis Zgaya ...
  • Philippe Ourpatian

Grenergy renovables : No major surprises in the results and growth firmly underway!

>No major surprises in the results - Grenergy reported 2020 results that were in line with forecasts at the operating level and beat expectations at the net income level. Sales (external) amounted to € 73.4m vs € 75.7m estimated by ODDO BHF, EBITDA came to € 24m vs € 25m for ODDO BHF and € 24m for the consensus, and attributable net income was € 15.1m vs € 12.8m for ODDO BHF and € 12.4m for the consensus. The gap vs expectations at the net income level was attributabl...
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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