Company Redeia Corporacion S.A.

Equities

RED

ES0173093024

Electric Utilities

Market Closed - Bolsas y Mercados Espanoles 11:38:00 2023-12-01 am EST Intraday chart for Redeia Corporacion S.A. After market 01:20:38 pm
15.35 EUR -0.20% 15.38 +0.18%

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 : 2,442

Sales per Business

EUR in Million2021Weight2022Weight Delta
Management and Operation of Electricity Infrastructure
82.7 %
1,658 84.9 % 1,667 82.7 % +0.53%
Telecommunications - Satellites
11.2 %
177 9.1 % 226 11.2 % +27.50%
Telecommunications - Fibre Optics
4.8 %
93 4.8 % 97 4.8 % +3.84%
Other, Corporate and Adjustments
1.3 %
25 1.3 % 25 1.3 % +3.93%

Sales per region

EUR in Million2021Weight2022Weight Delta
Spain
88.9 %
1,799 92.1 % 1,791 88.9 % -0.42%
Other Countries
9.5 %
131 6.7 % 192 9.5 % +46.88%
European Union
1.6 %
23 1.2 % 32 1.6 % +35.14%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 2003
Director of Finance/CFO - 2015
Compliance Officer - 2007
Chief Tech/Sci/R&D Officer - -
Compliance Officer 58 -
Chief Tech/Sci/R&D Officer - 2003
Chief Tech/Sci/R&D Officer - -
Director/Board Member 69 -
Investor Relations Contact - 2004
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 -
Director/Board Member 66 2014
Director/Board Member 66 2019
Director/Board Member 41 2021
Director/Board Member 55 2012
Chief Executive Officer 50 2003
Chairman 55 2020
Director/Board Member 65 2020
Director/Board Member 56 2021
Director/Board Member 65 2021

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 541,080,000 404,272,225 ( 74.72 %) 1,499,900 ( 0.2772 %) 74.72 %

Shareholders

NameEquities%Valuation
Government of Spain
25.00 %
135,270,000 25.00 % 2 103 M €
27,054,000 5.000 % 421 M €
The Vanguard Group, Inc.
2.782 %
15,051,657 2.782 % 234 M €
Norges Bank Investment Management
1.413 %
7,645,074 1.413 % 119 M €
Schroder Investment Management Ltd.
1.083 %
5,859,393 1.083 % 91 M €
Geode Capital Management LLC
0.8986 %
4,862,284 0.8986 % 76 M €
ClearBridge Investments Ltd. (Investment Management)
0.8065 %
4,363,924 0.8065 % 68 M €
Deka Investment GmbH
0.7507 %
4,061,871 0.7507 % 63 M €
Eurizon Capital SGR SpA
0.6708 %
3,629,327 0.6708 % 56 M €
KBC Asset Management NV
0.5986 %
3,238,948 0.5986 % 50 M €
NameEquities%Valuation
Private Capital Group LLC
0.000625 %
6,761 0.000625 % 52 546 €
RhumbLine Advisers LP
0.000026 %
280 0.000026 % 2 176 €

Holdings

NameEquities%Valuation
33,359,563 5.00% 86,742,203 $
1,499,900 0.28% 23,313,216 $

Company contact information

Redeia Corporacion SA

Paseo del Conde de los Gaitanes, 177 La Moraleja

28109, Alcobendas

+34 916 50 85 00

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

Group companies

NameCategory and Sector
Red Eléctrica Financiaciones SA
Utilities - Electric Utilities
Red Eléctrica Internacional SA
Utilities - Electric Utilities
REDCOR Reaseguros SA (Luxembourg)
-
Red Eléctrica Infraestructuras de Telecomunicación SA
Communications - Specialty Telecommunications
Red Eléctrica Infraestructuras en Canarias SA
-

Sales per Business

Sales per region

Trading Rating :
Investor Rating :
ESG Refinitiv :
A
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
20
Last Close Price
15.38EUR
Average target price
16.27EUR
Spread / Average Target
+5.76%
Consensus
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