Acciona


Buy recommendation maintained

14/05/19 -"Following the publication of the Q1 19 earnings results, which were disappointing in terms of EBITDA generation, we have revised our model. We have decreased our EBITDA forecast for FY19 by some 5%. ..."

Pages
59
Language
English
Published on
14/05/19
You may also be interested by these reports :
21/02/20
EDP released FY19 results. EBITDA increased by 12%, to €3.7bn, beating the consensus and our expectations. This increase was mainly driven by the ...

19/02/20
Back on 31/01/2020 (TELCOS & UTILITIES), we marvelled at the 10% gain of Utilities since the turn of the year. Add 8% now. The mechanisms at work ...

19/02/20
In order to reflect the current momentum better (read euphoria) for green assets, we have decided to overhaul Enel’s peer group. We confirm our ...

17/02/20
We have updated our model to incorporate the Q4 production figures. Compared to Q4 18, the group’s total production was up by 9.9%, mainly driven by ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO