The group’s activities slowed during the first half of the year (mainly in Q2), due to lower demand for electricity, which had an impact on the generation of thermal assets (the last one to be injected in the grid under the merit order mechanism) but also on the network activities. On the other hand, the group continues its strong growth in renewable assets. Despite this partly expected slowdown, we confirm our positive view on the stock.
20 Jul 2020
H1 20 operating figures
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H1 20 operating figures
Enel SpA (ENEL:WBO) | 0 0 1.5% | Mkt Cap: 49,420m
- Published:
20 Jul 2020 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
The group’s activities slowed during the first half of the year (mainly in Q2), due to lower demand for electricity, which had an impact on the generation of thermal assets (the last one to be injected in the grid under the merit order mechanism) but also on the network activities. On the other hand, the group continues its strong growth in renewable assets. Despite this partly expected slowdown, we confirm our positive view on the stock.