ERG unveiled a solid set of results, with EBITDA 55% higher than in H1 21 thanks to the contribution of the new capacities commissioned. In total, 445MW were added yoy, which represents 15% of the total operating portfolio expected by the end of 2022.
Guidance was subsequently adjusted upward for EBITDA obviously, but also capex and net debt. Overall, the message sent to the market is a positive one. ERG keeps accelerating its profitable growth.
05 Aug 2022
H1 22: M&A-related growth to upgrade guidance
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H1 22: M&A-related growth to upgrade guidance
- Published:
05 Aug 2022 -
Author:
Nicolas Bouthors | Olivier de Wismes -
Pages:
3
ERG unveiled a solid set of results, with EBITDA 55% higher than in H1 21 thanks to the contribution of the new capacities commissioned. In total, 445MW were added yoy, which represents 15% of the total operating portfolio expected by the end of 2022.
Guidance was subsequently adjusted upward for EBITDA obviously, but also capex and net debt. Overall, the message sent to the market is a positive one. ERG keeps accelerating its profitable growth.