Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Lisbonne  >  REN - Redes Energéticas Nacionais    RENE   PTREL0AM0008

REN - REDES ENERGÉTICAS NACIONAIS

(RENE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

REN Redes Energeticas Nacionais : invests in innovative machines for forest cleaning and fire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/17/2019 | 07:48pm EDT

Ground-breaking machine in Portugal presented for the first time at Expoflorestal

REN - Redes Energéticas Nacionais will present a ground-breaking machine in forest cleaning and fire prevention - the RAPTOR 300. The initiative falls within the scope of Expoflorestal, which begins today and continues until 19 May, in Albergaria-a-Velha.

REN has acquired five RAPTOR 300 machines, which will enable an improvement in the forestry and fuel management activities, with greater efficiency in protecting forests against fires.

According to João Gaspar, head of REN's Easements and Assets area, 'The use of machines using innovative technologies will result in greater productivity in forest cleaning'. At the same time, 'We are enhancing our infrastructure as an asset in preventing and fighting forest fires. By keeping the corridors clean, we are providing the multiple civil protection agents, namely the Fire Brigade, with better opportunities to fight fires', he added.

Within the context of REN's policy of protecting forests against fires, several actions have already been implemented, such as donating vehicles to Volunteer Firefighters and to the fire prevention teams of several municipalities in the country.

Moreover, extensive work has been carried out with the help of over 200 workers - REN's service providers in the forestry area - with an investment of more than six million euros in 2018. The result has been the cleaning of over 22,000 hectares, the equivalent of 22,000 football stadiums, in the past four years. In its commitment to the future, REN's goal this year is to clean 10% more land than in 2018, and over the next few years REN plans to clean an overall area always exceeding 7,000 ha/year.

Disclaimer

REN - Redes Energéticas Nacionais SGPS SA published this content on 17 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2019 23:47:04 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on REN - REDES ENERGÉTICAS NA
05/21REN - REDES ENERGÉTICAS NACIONAIS : Ex-dividend day for final dividend
FA
05/17REN REDES ENERGETICAS NACIONAIS : invests in innovative machines for forest clea..
PU
05/07REN REDES ENERGETICAS NACIONAIS : General Shareholders' Meeting approves all the..
PU
05/06REN REDES ENERGETICAS NACIONAIS : Report and Accounts - 1Q2019
PU
05/03REN REDES ENERGETICAS NACIONAIS : Consumption of natural gas increases 17.3% in ..
PU
05/03REN REDES ENERGETICAS NACIONAIS : Net Profit remains stable
PU
05/03REN REDES ENERGETICAS NACIONAIS : First 3 months 2019 consolidated results repor..
PU
05/03REN REDES ENERGETICAS NACIONAIS : Resultados consolidados dos primeiros 3 meses ..
PU
05/03REN REDES ENERGETICAS NACIONAIS : First 3 months 2019 consolidated results
PU
05/03REN REDES ENERGETICAS NACIONAIS : Resolutions approved at the General Shareholde..
PU
More news
Financials (€)
Sales 2019 729 M
EBIT 2019 251 M
Net income 2019 118 M
Debt 2019 2 574 M
Yield 2019 6,72%
P/E ratio 2019 14,09
P/E ratio 2020 13,95
EV / Sales 2019 5,79x
EV / Sales 2020 5,71x
Capitalization 1 645 M
Chart REN - REDES ENERGÉTICAS NACIONAIS
Duration : Period :
REN - Redes Energéticas Nacionais Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends REN - REDES ENERGÉTICAS NA
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 2,65 €
Spread / Average Target 7,4%
EPS Revisions
Managers
NameTitle
Rodrigo Jorge de Araújo Costa Chairman & Chief Executive Officer
Gonçalo João Figueira Morais Soares Chief Financial Officer & Executive Director
Zhang Xin Chief Technical Officer
João Caetano Carreira Faria Conceição Chief Operating Officer & Executive Director
José Luís Arnaut Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
REN - REDES ENERGÉTICAS NACIONAIS1.27%1 842
NEXTERA ENERGY INC17.00%97 401
ENEL14.77%65 929
DUKE ENERGY CORP2.91%64 658
DOMINION ENERGY INC.9.22%62 360
IBERDROLA20.40%61 721