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MarketScreener Homepage  >  Equities  >  Nyse  >  Campbell Soup    CPB

CAMPBELL SOUP (CPB)
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Campbell Soup : Sprawling Campbell Soup solar project goes online in Camden

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03/14/2018 | 02:34am CEST

March 13--Campbell Soup Co. said it has completed installation of a 4.4-megawatt solar energy system at its 38-acre Camden headquarters, including panels mounted to rooftops, on a reclaimed brownfield, and on canopies built over employee parking lots.

The food company says the solar project, which was announced last May, will generate about 5 million kilowatt hours a year, or about 20 percent of the campus' annual energy demand. Under terms of a 20-year power purchase agreement, Campbell will pay a fixed rate that is currently "well below" its current power costs.

The project was developed by BNB Renewable Energy Holdings using systems developed by SunPower Corp. BNB and financial company Orix USA will own the system, which is being financed through Public Service Electric & Gas Co.'s solar loan program.

The Camden project is one of several renewable energy installations at Campbell facilities in the United States.

___

(c)2018 Philly.com

Visit Philly.com at www.philly.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2019 9 991 M
EBIT 2019 1 372 M
Net income 2019 771 M
Debt 2019 8 882 M
Yield 2019 3,55%
P/E ratio 2019 15,92
P/E ratio 2020 15,41
EV / Sales 2019 2,10x
EV / Sales 2020 2,03x
Capitalization 12 068 M
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Technical analysis trends CAMPBELL SOUP
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 36,2 $
Spread / Average Target -9,9%
EPS Revisions
Managers
NameTitle
Keith R. McLoughlin President, Chief Executive Officer & Director
Carlos Abrams-Rivera President-U.S. Biscuits & Bakery
Les C. Vinney Chairman
Luca Mignini Chief Operating Officer & Senior Vice President
Anthony P. DiSilvestro Chief Financial Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
CAMPBELL SOUP-16.73%12 068
NESTLÉ-4.53%257 291
THE KRAFT HEINZ COMPANY-26.84%71 143
MONDELEZ INTERNATIONAL1.50%64 103
DANONE-8.05%51 899
GENERAL MILLS-25.57%28 470