Solaria : Hyper growth out to 2030
>Underperform recommendation but target price adjusted to € 22.7 (vs € 15.80) - Solaria has announced 2020 results ahead of our expectations in terms of attributable net profit. The group has confirmed its guidance of MW installed in 2021 (2.15 GW), revised slightly upwards for 2022 (3.15 GW vs 3.03 GW) and delivered a significant growth trajectory for 2030 with 18 GW (vs 9.73 GW in our model) of which 11 GW in the Iberian Peninsula and 3 GW in Italy in organic growth...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.
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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