The group continued to suffer from low hydroelectric production, but this was offset by higher prices and good wind output, while, after a good Q1, Network continues to play its role as a safety cushion smoothing EBITDA growth against the unpredictable renewables. The group says it is on track to deliver the 2019-22 strategic plan.
26 Jul 2019
Wind-driven growth
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Wind-driven growth
EDP-Energias de Portugal SA (EDP:FRA) | 0 0 1.5% | Mkt Cap: 10,242m
- Published:
26 Jul 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
2
The group continued to suffer from low hydroelectric production, but this was offset by higher prices and good wind output, while, after a good Q1, Network continues to play its role as a safety cushion smoothing EBITDA growth against the unpredictable renewables. The group says it is on track to deliver the 2019-22 strategic plan.