Grenergy renovables : Q3/9M Results in line driven by asset rotation (€69m from Belinchón)
>Q3/9M Results in line including Belinchon Sale - Grenergy reported this morning its Q3/9M results which were line with FactSet consensus expectations. Revenues for the 9M came in at € 351.2m (+105%). EBITDA came in at € 102.2m (+276%) in line with expectations at € 101 and driven by asset rotation (€ 69m from Belinchón) and the Energy business (+38% to € 41.2m). Net income came in at € 73.6m (+475%). Net debt (ex IFRS16) reached € 483m (vs € 313m in FY 2022), driven ...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.