NEOEN : 2021 sales broadly in line, but a reassuring stance
>Outperform rating and € 41.5 target price maintained - 2021 sales were broadly in line with our forecasts despite the absence of the publication of operational data ahead of the quarterly release. The group confirmed its 2021 guidance and its aim of achieving 5 GW of installed capacity in operation in 2023. Management still has a cautious stance in view of the market conditions (solar panel and transport cost inflation), but the projects entering construction in Q4 c...Neoen SA Formerly known as Neoen Sas. Neoen SAS is a France-based company specialized in the renewable energy sector. The Company operates, finances and develops a number of power plants from a variety of energy sources, including Solar, wind and Biomass. Its portfolio of power plants includes providencia, ombrineo, degrussa, cestas, ygos, luxey, geloux, seixal, cabrela, coruche, hornsdale I, bussy-lettree, raucourt II, villacerf, bais et trans, reclainville, chapelle vallon and la montagne. Apart from France, the Company is present in many other countries such as Portugal, Australia, Australia, Jordan, Zambia, Mozambique, Argentina, Jamaica, Mexico, Egypt and El Salvador, 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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