EUR 100.00 For Business Accounts Only

RED ELÉCTRICA: FY2021 RESULTS AND T.P. CUT (ANÁLISIS BANCO SABADELL)

4Q'21 vs. 4Q'20 Results
EBITDA: € 340.0 M (-6.8% vs. -6.8% BS(e) and -5.2% consensus);
Net Profit: € 129.0 M (-18.9% vs. -14.5% BS(e) and -13.2% consensus);
FY2021 vs. FY2020 Results
EBITDA: € 1.498 Bn (-4.5% vs. -4.5% BS(e) and +2% consensus);
Net Profit: € 680.0 M (+9.6% vs. +10.5% BS(e) and +10% consensus);