REDEIA: FY2022 RESULTS (ANÁLISIS BANCO SABADELL)
4Q'22 vs. 4Q'21 ResultsEBITDA: € 308.0 M (-9.4% vs. -2.4% BS(e) and -2.6% consensus);
Net Profit: € 113.0 M (-12.4% vs. -7.8% BS(e) and +14.7% consensus);
FY2022 vs. FY2021 Results
EBITDA: € 1.491 Bn (-0.5% vs. +1.1% BS(e) and +0.9% consensus);
Net Profit: € 664.0 M (-2.4% vs. -1.5% BS(e) and -1.5% consensus);
Red Electrica is engaged in the transmission of electrical energy, the operation of the system and the management of the transmission network in the Spanish electricity system. In addition, through its subsidiaries, Co. is engaged in the acquisition, holding and management of foreign securities, co-ordination of international exchanges, provision of telecommunications services for third parties, provision of consultancy, engineering and construction services outside the Spanish electricity system, securing of funds, carrying out of financial transactions and provision of financial services.
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