After a challenging start to the year EDP staged a recovery and delivered guidance in a distorted energy markets environment, supported by a strong rebound in the last quarter of 2022. There was a strong progression in all business units including renewables, but also in networks and thermal generation, enabling the group to record better operational cash flows and also improve its financial profile. The challenge for 2023 will be to attain better hydro production and maintain good renewable gen ....
07 Mar 2023
FY2022: Strong recovery in Q4, leading EDP to deliver its 2022 guidance
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FY2022: Strong recovery in Q4, leading EDP to deliver its 2022 guidance
- Published:
07 Mar 2023 -
Author:
Olivier de Wismes -
Pages:
3
After a challenging start to the year EDP staged a recovery and delivered guidance in a distorted energy markets environment, supported by a strong rebound in the last quarter of 2022. There was a strong progression in all business units including renewables, but also in networks and thermal generation, enabling the group to record better operational cash flows and also improve its financial profile. The challenge for 2023 will be to attain better hydro production and maintain good renewable gen ....