Despite a 13% drop in adjusted EBITDA to €126m in the last quarter, ERG managed to achieve a significant performance in 2022, and delivered a 10% increase in dividend to €1/share, mainly supported by ongoing asset rotation, thanks to larger installed capacities in a soaring energy price context. Following a 21% rise in installed capacity to €2,944 MW, the group will pursue its installation capacity program (40% organic and 60% M&A operations), mainly supported by Italy, France and the UK.
16 Mar 2023
FY2022: Higher dividend but weaker Q4-2022 results amid lower energy prices
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FY2022: Higher dividend but weaker Q4-2022 results amid lower energy prices
- Published:
16 Mar 2023 -
Author:
Olivier de Wismes -
Pages:
3 -
Despite a 13% drop in adjusted EBITDA to €126m in the last quarter, ERG managed to achieve a significant performance in 2022, and delivered a 10% increase in dividend to €1/share, mainly supported by ongoing asset rotation, thanks to larger installed capacities in a soaring energy price context. Following a 21% rise in installed capacity to €2,944 MW, the group will pursue its installation capacity program (40% organic and 60% M&A operations), mainly supported by Italy, France and the UK.