Innogy : H1 2019 in line with expectations. 2019 guidance confirmed
>H1 2019 results in line with expectations - Innogy released this morning H1 2019 results in line with our expectations. H1 2019 EBITDA came in at € 2139m vs € 2254m the previous year (ODDO BHF at € 2069m and consensus at € 2074m), EBIT totalled € 1306m vs € 1553m the previous year (Oddo BHF at € 1315m and consensus at € 1295m) and adjusted net income came to € 488m vs € 662m the previous year (ODDO BHF at € 495m and consensus at € 473m). The main gap in EBITDA vs our...Innogy SE is a Germany-based company, which is primarily involved in the utilities industry. The Company operates as a provider of electricity and natural gas. The Company's operations are divided into three segments, namely Renewables, Grid and Infrastructure and Retail. The Company operates plants for electricity generation and production from renewable energy sources. The Company is active in Germany, the Netherlands, Austria, Poland, Romania, Croatia, Slovakia, Slovenia, the United Kingdom, among others.
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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