
20 Dec 2024
OPG Power Ventures - Good interim results, no change to our FY25 forecasts
OPG Power has reported interim results for the period ended 30 September 2024, with revenue growth of 24.4% and EBITDA growth of 13.1% reflecting increased plant utilisation supported by multiple electricity contracts and stable coal input prices. This is in line with the trading outlook indicated in the FY24 results release on 25 September 2024. We maintain our FY25 forecasts and our 28.0p target price.

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OPG Power Ventures - Good interim results, no change to our FY25 forecasts
OPG Power Ventures Plc (OPG:LON) | 8.0 0 1.3% | Mkt Cap: 32.1m
- Published:
20 Dec 2024 -
Author:
Edward Stacey -
Pages:
4 -
OPG Power has reported interim results for the period ended 30 September 2024, with revenue growth of 24.4% and EBITDA growth of 13.1% reflecting increased plant utilisation supported by multiple electricity contracts and stable coal input prices. This is in line with the trading outlook indicated in the FY24 results release on 25 September 2024. We maintain our FY25 forecasts and our 28.0p target price.