As anticipated, the third-quarter results showed a decrease from last year, with an EBITDA decline of -14% to €102m. This trend was previously noted in the H1 and was due to reduced market prices across all countries affecting variable sales. However, this was partially mitigated by a 3-point increase in wind load factors in France and Italy during the third quarter. The group slightly raised its guidance, despite having lowered it in the H1.
14 Nov 2023
9M23: Better-than-expected wind resources, FY23 guidance slightly increased
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
9M23: Better-than-expected wind resources, FY23 guidance slightly increased
- Published:
14 Nov 2023 -
Author:
Pierre-Alexandre Ramondenc -
Pages:
3 -
As anticipated, the third-quarter results showed a decrease from last year, with an EBITDA decline of -14% to €102m. This trend was previously noted in the H1 and was due to reduced market prices across all countries affecting variable sales. However, this was partially mitigated by a 3-point increase in wind load factors in France and Italy during the third quarter. The group slightly raised its guidance, despite having lowered it in the H1.