Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Portugal
  4. Euronext Lisbonne
  5. EDP Renováveis, S.A.
  6. News
  7. Summary
    EDPR   ES0127797019

EDP RENOVÁVEIS, S.A.

(EDPR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EDP Renováveis S A : EDPR 1H21 Presentation

07/28/2021 | 11:26am EDT

1H21 RESULTS

July 28th, 2021

15:00 CET | 14:00 UK / Lisbon www.edpr.com

Disclaimer

This document has been prepared by EDP Renováveis, S.A. (the "Company") solely for use at the presentation to be made on this date and its purpose is merely of informative nature and, as such, it may be amended and supplemented and it should be read as a summary of the matters addressed or contained herein. By attending the meeting where this presentation is made, or by reading the presentation slides, you acknowledge and agree to be bound by the following limitations and restrictions.

This presentation may not be distributed to the press or to any other person in any jurisdiction, and may not be reproduced in any form, in whole or in part for any other purpose without the express and prior consent in writing of the Company.

This presentation and all materials, documents and information used therein or distributed to investors in the context of this presentation do not constitute or form part of and should not be construed as, an offer (public or private) to sell or issue or the solicitation of an offer (public or private) to buy or acquire securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction.

Neither this presentation nor any materials, documents and information used therein or distributed to investors in the context of this presentation or any part thereof, nor the fact of its distribution, shall form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever and may not be used in the future in connection with any offer (public or private) in relation to securities issued by the Company.

Any decision to invest in any securities of the Company or any of its affiliates or subsidiaries in any offering (public or private) should be made solely on the basis of the information to be contained in the relevant prospectus, key investor information or final offering memorandum provided to the investors and to be published in due course in relation to any such offering and/or public information on the Company or any of its affiliates or subsidiaries available in the market.

Matters discussed in this presentation may constitute forward-looking statements. Forward-looking statements are statements other than in respect of historical facts. The words "believe," "expect," "anticipate," "intends," "estimate," "will," "may", "continue," "should" and similar expressions usually identify forward-looking statements.

Forward-looking statements include statements regarding: objectives, goals, strategies, outlook and growth prospects; future plans, events or performance and potential for future growth; liquidity, capital resources and capital expenditures; economic outlook and industry trends; energy demand and supply; developments of the Company's markets; the impact of legal and regulatory initiatives; and the strength of the Company's competitors. The forward-looking statements in this presentation are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Important factors that may lead to significant differences between the actual results and the statements of expectations about future events or results include the company's business strategy, financial strategy, national and international economic conditions, technology, legal and regulatory conditions, public service industry developments, hydrological conditions, cost of raw materials, financial market conditions, uncertainty of the results of future operations, plans, objectives, expectations and intentions, among others. Such risks, uncertainties, contingencies and other important factors could cause the actual results, performance or achievements of the Company or industry results to differ materially from those results expressed or implied in this presentation by such forward-looking statements.

The information, opinions and forward-looking statements contained in this presentation speak only as at the date of this presentation, and are subject to change without notice unless required by applicable law. The Company and its respective directors, representatives, employees and/or advisors do not intend to, and expressly disclaim any duty, undertaking or obligation to, make or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this presentation to reflect any change in events, conditions or circumstances.

2

Agenda

  1. Key highlights 1H21
  2. 1H21 Results
  3. Closing remarks

4 Annex

3

Key highlights 1H21

4

EDPR continues to accelerate growth with added visibility on the ongoing Asset Rotation deals, while maintaining solid operations

Growth

Value

Excellence

Accelerated and

Ongoing asset

High quality teams and

selective growth

rotation program

efficient operations

+2.1 GW added YoY

€1.9bn of Asset rotation already signed

31% Load factor reflecting 95% of P50

12.6 GW of installed capacity as of 1H21

Attractive multiples of €1.6m/MW on avg.

low resource and one-off ERCOT event

3.6 GW installed & U/C in 1H21

Completion of ~€500m AR proceeds in US

Technical Availability of 96.9%

accelerating growth

capital gain in 1H21 of €101m, €250k/MW

slightly above YoY

6.7 GW secured and 3.7 GW of PPAs in negotiation

On track to deliver >€300m

Core Opex/MW -3% YoY

focused on key markets while expanding geo footprint

capital gains in 2021

given O&M strategy and cost control

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

EDP Renovaveis SA published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 15:23:19 UTC.


© Publicnow 2021
All news about EDP RENOVÁVEIS, S.A.
09/16EDP RENOVÁVEIS S A : Renewables signs a PPA for 127.5 MW with Procter & Gamble
PU
09/16EDP RENOVÁVEIS S A : EDPR secures a PPA for 127.5 MW of solar and wind capacity ..
PU
09/13EDP RENOVÁVEIS S A : EDPR signs more than 50 solar energy projects with Walmart
PU
09/13EDP RENOVÁVEIS S A : Renewables Announces Completion of 39 New Distributed Gener..
AQ
09/08EDP RENOVÁVEIS S A : Renováveis, S.A. informs about Asset rotation transaction i..
PU
09/07EDP RENOVÁVEIS S A : EDPR is awarded with PPA for a 120 MW wind project at the C..
PU
09/02EDP RENOVÁVEIS S A : EDPR is awarded with PPA for 120 MW wind project at the Chi..
PU
09/01ANALYST RECOMMENDATIONS : American Water, Broadcom, Enerplus, Pixelworks, Verint..
08/12EDP Renewables, Facebook, and Salt River Project's Partnership Brings a New S..
GL
08/11EDP RENOVÁVEIS S A : Renewables' 180 MW wind farm located in Texas starts commer..
PU
More news
Analyst Recommendations on EDP RENOVÁVEIS, S.A.
More recommendations
Financials
Sales 2021 1 851 M 2 180 M 2 180 M
Net income 2021 542 M 638 M 638 M
Net Debt 2021 3 444 M 4 055 M 4 055 M
P/E ratio 2021 37,8x
Yield 2021 0,41%
Capitalization 20 863 M 24 545 M 24 566 M
EV / Sales 2021 13,1x
EV / Sales 2022 12,0x
Nbr of Employees 1 970
Free-Float 25,0%
Chart EDP RENOVÁVEIS, S.A.
Duration : Period :
EDP Renováveis, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EDP RENOVÁVEIS, S.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 21,72 €
Average target price 22,57 €
Spread / Average Target 3,90%
EPS Revisions
Managers and Directors
Miguel Stilwell de Andrade Vice Chairman & Chief Executive Officer
Rui Manuel Rodrigues Lopes Teixeira Chief Financial Officer & Director
António Sarmento Gomes Mota Independent Chairman
António do Pranto Nogueira Leite Lead Independent Non-Executive Director
Acácio Jaime Liberado Mota Piloto Independent Non-Executive Director