This presentation contains forward-looking statements regarding the prospects and growth strategies of Neoen and its subsidiaries (the "Group"). These statements include statements relating to the Group's intentions, strategies, growth prospects, and trends in its results of operations, financial situation and liquidity. Although such statements are based on data, assumptions and estimates that the Company considers reasonable, they are subject to numerous risks and uncertainties and actual results could differ from those anticipated in such statements due to a variety of factors, including those discussed in the Group's filings with the French Autorité des Marchés Financiers (AMF) which are available on the website of Neoen (www.neoen.com). Prospective information contained in this presentation is given only as of the date hereof. Other than as required by law, the Group expressly disclaims any obligation to update its forward-looking statements in light of new information or future developments.
2
H1 2020 results
Outlook
Appendices
Strong increase in H1 2020 results
Revenue (M€)
+33% 157.2
118.1
H1 2019
H1 2020
Growth driven by all Neoen's business segments and regions
EBITDA (M€)
+58% 148.2(1)
94.0
80%
94%
EBITDA margin
EBITDA margin
H1 2019
H1 2020
H1 2020 EBITDA margin of 94%, up 14 bp y-o-y
Liquidated damages(2) partly covering the revenue losses related to the delayed commissioning of certain projects
One-offpositive impact in storage in Q1 2020
Net income Group share (M€)
+32%
22.0
16.7
H1 2019
H1 2020
150 M€ at constant exchange rates
Indemnities recognized in other current operating income, partly offsetting losses of revenue, thereby
automatically improving the EBITDA margin
4
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
Neoen SA published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 15:49:03 UTC
Neoen is a leading independent producer of renewable energy (the first independent producer of electricity from renewable energy in France), whose activity focuses on solar and wind power production, as well as on the development of advanced energy storage solutions. Neoen is mainly present in three geographical areas, namely the Europe-Africa region (notably in France, Finland, Portugal and Ireland), Australia and the Americas region (notably in El Salvador, Mexico, Jamaica, Argentina, Ecuador and the United States).
At the end of 2023, the group owned and operated photovoltaic and wind power facilities, representing a combined installed capacity of 9 GW in operation and under construction.