Solaria : Q1 2021 results well above forecasts
>Upgrade to Neutral from Underperform - The group has announced a Q1 2021 performance that was well above forecasts (ours and those of the consensus). Robust growth was driven by the Spanish activities which reported a two-fold increase in sales and benefited from a high level of production vs Q1 2020. The group confirmed its capacity target for 2021 at 2.15 GW, although without issuing any financial guidance. We have upgraded our recommendation to Neutral vs Underpe...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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