Company Redeia Corporacion S.A.

Equities

RED

ES0173093024

Electric Utilities

Real-time Estimate Tradegate 06:32:59 2024-04-24 am EDT 5-day change 1st Jan Change
15.98 EUR -0.16% Intraday chart for Redeia Corporacion S.A. +2.37% +7.24%

Business Summary

Redeia Corporacion S.A. (formerly Red Eléctrica Corporación, S.A.) specializes in electricity transmission services and operation of electric networks. Net sales (including intragroup) by activity break down as follows:

- management and operation of electrical networks (82.7%): owning, at the end of 2022, of a network of 45,019 km of high-voltage lines and over 600 substations. The group also offers consulting, engineering, construction and maintenance services. Spain accounts for 95.8% of net sales;

- management and operation of satellite telecommunications networks (11.2%);

- management and operation of fiber optic telecoms networks (4.8%);

- other (1.3%).

Net sales are distributed geographically as follows: Spain (88.9%), Europe (1.6%) and other (9.5%).

Number of employees: 2,445

Sales per Business

EUR in Million2022Weight2023Weight Delta
Management and Operation of Electricity Infrastructure
82.1 %
1,667 82.7 % 1,695 82.1 % +1.71%
Telecommunications - Satellites
11.9 %
226 11.2 % 245 11.9 % +8.37%
Telecommunications - Fibre Optics
4.7 %
97 4.8 % 97 4.7 % -0.01%
Other, Corporate and Adjustments
1.3 %
25 1.3 % 27 1.3 % +6.36%

Sales per region

EUR in Million2022Weight2023Weight Delta
Spain
87.8 %
1,791 88.9 % 1,812 87.8 % +1.16%
Other Countries
10.9 %
192 9.5 % 225 10.9 % +17.27%
European Union
1.3 %
32 1.6 % 27 1.3 % -15.59%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 03-12-31
Director of Finance/CFO - 15-12-31
Compliance Officer - 07-12-31
Chief Tech/Sci/R&D Officer - -
Compliance Officer 59 -
Chief Tech/Sci/R&D Officer - 03-03-31
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - -
Director/Board Member 70 -
Investor Relations Contact - 04-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 -
Director/Board Member 67 14-05-08
Director/Board Member 59 14-05-08
Director/Board Member 66 19-03-25
Director/Board Member 41 21-06-28
Director/Board Member 55 12-04-18
Chief Executive Officer 51 03-12-31
Director/Board Member 56 17-10-30
Chairman 55 20-02-21
Director/Board Member 56 21-06-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 541,080,000 404,697,983 ( 74.79 %) 1,112,017 ( 0.2055 %) 74.79 %

Shareholders

NameEquities%Valuation
Government of Spain
25.00 %
135,270,000 25.00 % 2 309 M €
27,054,000 5.000 % 462 M €
Lyxor International Asset Management SAS
0.7903 %
4,275,896 0.7903 % 73 M €
Amundi Asset Management SA (Investment Management)
0.7696 %
4,164,059 0.7696 % 71 M €
Eurizon Capital SGR SpA
0.6659 %
3,603,165 0.6659 % 62 M €
Talaria Capital Pty Ltd.
0.4015 %
2,172,700 0.4015 % 37 M €
Caixabank Asset Management SGIIC SA
0.3513 %
1,900,594 0.3513 % 32 M €
Swedbank Robur Fonder AB
0.3294 %
1,782,436 0.3294 % 30 M €
Nordea Investment Management AB
0.3201 %
1,732,126 0.3201 % 30 M €
Guardians of New Zealand Superannuation
0.3185 %
1,723,260 0.3185 % 29 M €
NameEquities%Valuation
GAMMA Investing LLC
0.000633 %
6,846 0.000633 % 58 431 €
Forester Capital Management Ltd.
0.000440 %
4,760 0.000440 % 40 627 €
RhumbLine Advisers LP
0.000026 %
280 0.000026 % 2 390 €

Holdings

NameEquities%Valuation
33,359,563 5.00% 79,262,322 $
1,499,900 0.28% 25,602,393 $

Company contact information

Redeia Corporacion SA

Paseo del Conde de los Gaitanes, 177

28109, Alcobendas

+34 916 50 85 00

http://www.redeia.com
address Redeia Corporacion S.A.(RED)

Group companies

NameCategory and Sector
Electric Utilities
Electric Utilities
REDCOR Reaseguros SA (Luxembourg)
Specialty Telecommunications
Red Eléctrica Infraestructuras en Canarias SA
Electric Utilities

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
16.01 EUR
Average target price
17.29 EUR
Spread / Average Target
+7.97%
Consensus
  1. Stock Market
  2. Equities
  3. RED Stock
  4. Company Redeia Corporacion S.A.