Acciona

The potential IPO of the Energy business overshadows the poor FY20 figures

19/02/21 -"FY20 figures are roughly in line with the consensus but below our bullish model. The group was primarily impacted by the drop in its construction activities and the lower wholesale price of ..."

PDF page sample
Pages
61
Language
English
Published on
19/02/21
Download
You may also be interested by these reports :
06/11/25
Engie’s 9M25 results were in line with expectations, with EBIT (ex-Nuclear) down 10.2% year-on-year (-8.3% organically). Engie confirmed its 2025 ...
06/11/25
Strong performance in the UK Transmission business and in the electricity and gas operations in New York, US, was partly offset by the adverse impact ...
06/11/25
No surprise in the results – a solid Q3 fully in line with expectations, allowing Veolia management to confirm the FY25 guidance of organic EBITDA ...
05/11/25
The 9M25 results showed a strong performance, exceeding our expectations, with EBITDA up 6.6%, enabling Snam to raise its 2025 guidance. This ...

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