Report
Anis Zgaya ...
  • Philippe Ourpatian

Solaria : 2021 in line, 2022 to see fewer MW but more “merchant” and more expensive

>Neutral rating maintained, but target price adjusted to € 18.9 vs € 15.8 - The group reported performances for 2021 in line with our estimates. The marked increase in solar production has been driven by growth of 183% in installed capacity vs 2020 which generates an upturn in production of 70%, in addition to revenue growth of +78% that highlights a positive price effect. Nonetheless, in terms of installed operating capacity, the target of 1 GW by end-2021 was not re...
Underlying
Solaria Energia y Medio Ambiente S.A.

Solaria Energia y Medio Ambiente manufactures both solar and thermal cells and panels, rolls out turnkey projects for large installations, operates solar plants and generates electricity through its owned plants.

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
Anis Zgaya

Philippe Ourpatian

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch