Voltalia : 2023 sales in line, but the challenge is the 2023 earnings publication
>Neutral rating maintained but target price cut to € 9.90 vs € 13.2 - Following the publication of 2023 sales, which came in a shade above our forecasts at € 495m vs € 489m est., after contact with the group we have lowered our estimate for 2023 EBITDA to € 235m vs € 250m previously, but also the forecasts for 2024-2026 following the update to our model. On this basis, we have revised our forecasts for EPS between 2023-2027 by -10.8%. Our Neutral recommendation is mai...Voltalia. Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.