Report
Anis Zgaya ...
  • Louis Boujard, CFA
  • Philippe Ourpatian

Verbund : Guidance trop prudente. OC relevé à 42.0 € vs 40.0 € et Neutre maintenu

>Guidance trop prudente - Verbund a augmenté le point bas de sa prévision d'EBITDA (voir page 2) de +50 M€ sans augmenter le haut de sa guidance. Ainsi, le point moyen de la guidance n'a augmenté que de +25 M€ alors que le groupe a augmenté de +60 M€ l’objectif d’EBITDA de son activité Grid. La guidance du groupe semble trop prudente eu égard au très bon début d'année de l'hydroélectricité (coefficient hydroélectrique de 1.21 au T1 et de 1.17 à ce jour vs moyenne long...
Underlying
VERBUND AG Class A

Verbund is a public utility company engaged in the generation and transmission of electricity from subsidiaries' hydro and thermal power stations located throughout Austria. Through its subsidiaries, Co. is involved in the planning and construction of water systems, hydroelectric power plants, river structures, sewage disposal systems, and high voltage transmission towers and lines. Co. generates, trades and sells electrical energy to power exchange buyers, traders, energy supply companies and industrial companies as well as households and commercial customers.

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

Louis Boujard, CFA

Philippe Ourpatian

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