Despite reporting record results for 2022 with revenues driven by new capacity installed in 2022 and 2021 against a backdrop of a high energy prices, Neoen’s share price fell significantly on the back of investor concern about an increased need for equity to the tune of €750m. With 6.6 GW of capacity currently in operation or under construction, the group recorded higher EBITDA margins in the wind and solar business units, offsetting a lower EBITDA margin in the storage segment. Further to these ....
06 Mar 2023
FY2022: a consensus beat but the additional equity need is a party pooper
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FY2022: a consensus beat but the additional equity need is a party pooper
Despite reporting record results for 2022 with revenues driven by new capacity installed in 2022 and 2021 against a backdrop of a high energy prices, Neoen’s share price fell significantly on the back of investor concern about an increased need for equity to the tune of €750m. With 6.6 GW of capacity currently in operation or under construction, the group recorded higher EBITDA margins in the wind and solar business units, offsetting a lower EBITDA margin in the storage segment. Further to these ....