ENAGÁS: 3Q’21 RESULTS AND T.P. CUT (ANÁLISIS BANCO SABADELL)
3Q’21 vs. 3Q’20 ResultsEBITDA: € 219.0 M (-11.6% vs. -9.9% BS(e) and -12.8% consensus);
Net Profit: € 94.3 M (-16.3% vs. -14.7% BS(e) and -14.7% consensus);
9M’21 vs. 9M’20 Results
EBITDA: € 670.0 M (-7.9% vs. -7.3% BS(e) and -8.3% consensus);
Net Profit: € 307.3 M (-11.9% vs. -11.4% BS(e) and -11.4% consensus);
Enagas is a gas transportation company based in Spain. Co. is engaged in the technical distribution and storage of gas through pipelines as well as the provision of regasification services. Co. and subsidiaries are engaged in the ownership, administration, storage, pipeline transportation, distribution flow, and sale of natural gas. As a transport company, Co. also provides gas and manages the gas infrastructures.
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