Grenergy renovables : Reassuring 2021 results publication, marked by the announcement of the group’s entry into the North American market
>2021 results better than expected - Grenergy yesterday morning reported its Q4 and FY 2021 results, which topped our estimate at the EBITDA level thanks to a higher contribution from the D&C (Build to Sell) division. In Q4, EBITDA totalled € 23.1m, up 300% vs the Q4 2020 figure vs our estimate of € 16.5m. Net profit clocked in at € 9.1m vs € 6.1m in Q4 2020 but in line with our estimate of € 9.0m. For FY 2021, the group posted external sales of € 82.5m (+12%), EBITDA...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.
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