Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

NEOEN : 2025 trajectory on track despite a volatile H1

>Rating maintained and target price adjusted to € 41.5 - H1 2021 performances came in below our expectations in large part due to the absence of any publication of operating figures ahead of the quarterly results and an overly cautious estimate of amortisation & depreciation charges on our part. The revision to our 2021 EPS estimates (-28.2%) takes into account the narrowing of the EBITDA guidance and an increase in amortisation & depreciation charges. These factors h...
Underlying
Neoen S.A.

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.

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
Louis Boujard, CFA

Philippe Ourpatian

ResearchPool Subscriptions

Get the most out of your insights

Get in touch