Voltalia : Q2 2019 sales driven by scope effects
>H1 sales down -8% - H1 19 sales came in at € 68.8m. This confirms the trend linked to the end of the suspension on contracts in Brazil. Less favourable wind conditions essentially in Brazil are also responsible for this apparent decline in sales. Guidance for 2020 EBITDA (€ 160m-€ 180m) has been reaffirmed and reflects the group’s expertise in the execution of its projects and the accretion of its project IRR thanks to their early rollout.Sales buoyed by...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.
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