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MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Naturgy Energy Group, S.A.    NTGY   ES0116870314

NATURGY ENERGY GROUP, S.A.

(NTGY)
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Naturgy Energy S A : Receives Administrative Approval to Close Spanish Coal Plant

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08/13/2020 | 07:59am EDT

By Giulia Petroni

 

Naturgy Energy Group SA said Thursday that it has received administrative approval to permanently close a coal-fired plant in Meirama, Spain.

The energy group submitted the original closing request to the Spanish government in 2018. Naturgy said it is currently working to promote a number of renewable-generation projects in the Meirama plant region, including the development of two wind farms with a total capacity of 70 megawatts.

It added that it has implemented a plan for the employees of the plant that contemplates various solutions, such as relocation in other units of the company or exit agreements.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 


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Financials
Sales 2020 19 834 M 23 445 M 23 445 M
Net income 2020 944 M 1 116 M 1 116 M
Net Debt 2020 15 711 M 18 572 M 18 572 M
P/E ratio 2020 17,4x
Yield 2020 8,19%
Capitalization 16 898 M 19 969 M 19 975 M
EV / Sales 2020 1,64x
EV / Sales 2021 1,48x
Nbr of Employees 11 117
Free-Float 27,3%
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Technical analysis trends NATURGY ENERGY GROUP, S.A.
Short TermMid-TermLong Term
TrendsBullishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 18,50 €
Last Close Price 17,59 €
Spread / Highest target 30,8%
Spread / Average Target 5,18%
Spread / Lowest Target -14,7%
EPS Revisions
Managers
NameTitle
Francisco Miguel Reynés Massanet Chairman & Chief Executive Officer
Carlos Javier Álvarez Fernández Chief Financial Officer
Ramón Adell Ramón Independent Director
Francisco Belil Creixell Independent Director
Helena Herrero Starkie Independent Director
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