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Louis Boujard, CFA ...
  • Philippe Ourpatian

Neoen : Long-duration battery in Australia and gains boost 2025 EBITDA guidance

>Outperform rating and € 35.5 confirmed - The announcement of the development of a long-duration battery in Australia and with it, the upgrade to the 2025 EBITDA guidance to € 700m, are positive factors for the group’s investment case. Despite an adjustment to our 2025 EPS estimate of 28.4%, which takes account of both the investment mentioned but also a series of disposal capital gains re-integrated into EBITDA, under the group’s definition, we maintain our target pr...
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

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