XM does not provide services to residents of the United States of America.
E
E

EDP


News

Romania's Premier Energy valued at $525 mln in IPO

UPDATE 1-Romania's Premier Energy valued at $525 mln in IPO Adds details, comment BUCHAREST, May 16 (Reuters) - Romania-based Premier Energy said on Thursday its initial public offering (IPO) had been priced at 19.5 lei per share, implying a market value of 2.4 billion lei ($525 million). The renewable energy developer, owned by Czech investment firm Emma Capital, said the IPO amounted to a 28.75% stake.
E

Britvic, Energean, Pandora

EUROPE RESEARCH ROUNDUP- Britvic, Energean, Pandora May 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Energean and Pandora, on Thursday. HIGHLIGHTS * Britvic Plc BVIC.L : Peel Hunt raises target price to 1100p from 1000p * Energean Plc ENOG.L : Jefferies raises target price to 1,350p from 1,250p * Pandora PNDORA.CO : Citigroup raises target price to DKK 1330 from DKK 1255 * Surgical Science Sweden AB SUSW.ST : Berenbe
A
B
B
B
C
C
C
C
E
E
E
E
F
G
G
H
H
H
I
I
N
T
T
U
V
A
E
P

GS cuts EDP on delayed growth, high leverage

BUZZ-GS cuts EDP on delayed growth, high leverage ** Goldman Sachs downgrades EDP EDP.LS to "neutral" from "buy", despite a brighter outlook for renewable energy returns and potential for stronger FCF under its new investment plan ** The broker says its EPS estimates imply no bottom-line growth until 2027 for Portugal's largest utility firm, compar
E

Coloplast, National Grid, Smurfit Kappa

EUROPE RESEARCH ROUNDUP- Coloplast, National Grid, Smurfit Kappa May 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Coloplast, National Grid and Smurfit Kappa, on Monday. HIGHLIGHTS * AFC Ajax NV AJAX.AS : Berenberg cuts to hold from buy; cuts PT to EUR 11 from EUR 17 * Coloplast COLOB.CO : HSBC raises target price to DKK 710 from DKK 700 * JD Wetherspoon JDW.L : HSBC raises target price to 1030p from 1020p * National Grid NG.L
A
E
F
M
M
R
U
A
B
B
B
B
E
F
I
J
N
S

Portugal's EDP cuts investment plan, still sees 35% rise in 2024 profit

CORRECTED-Portugal's EDP cuts investment plan, still sees 35% rise in 2024 profit Corrects value of capital gains to 300 million euros (not 300 billion euros) in last paragraph By Sergio Goncalves LISBON, May 10 (Reuters) - Portugal's largest utility company, EDP EDP.LS , cut its three-year investment plan on Friday, citing worsening market conditions, but maintained its guidance for more than 35% growth in net profit this year.
E
E

EDP shares rise after Q1 beat, lower net debt guidance

RPT-BUZZ-EDP shares rise after Q1 beat, lower net debt guidance Repeats to additional subscribers, no change to text ** Shares of Portugal-based utility EDP EDP.LS climb around 4% on the back of Q1 results above market expectations and lower debt guidance ** EDP reports a net profit of 354 mln euros ($381.47 mln), 11.7% above the consensus of 317 mln euros ** Bestinver Securities attributes the beat to lower commercialisation margins, capital gains in Brazil, lower financial costs, minorities an
E

EDP Updates 2026 EBITDA Guidance To 5.0-5.1 Bln Euros

BRIEF-EDP Updates 2026 EBITDA Guidance To 5.0-5.1 Bln Euros May 10 (Reuters) - EDP Energias de Portugal SA EDP.LS : 1.3 BILLION EURO NET INCOME GUIDANCE FOR 2024 REITERATED 2026 NET INCOME INCORPORATING CURRENT MARKET AND MACRO-OUTLOOK, WITH A CAGR 2022-26 OF 10% SEES 2026 EBITDA GUIDANCE AROUND 5.0 BILLION EUROS AND 5.1 BILLION EUROS 17 BILLION EU
E

Portugal's EDP first quarter profit jumps 17% on Brazil business

Portugal's EDP first quarter profit jumps 17% on Brazil business LISBON, May 9 (Reuters) - Portugal's largest utility EDP EDP.LS reported a bigger than expected 17% jump in first quarter net profit on Thursday, boosted by earnings from its Brazilian unit after a successful full takeover. EDP said in a statement that its consolidated net income rose to 354 million euros ($381.54 million) in the quarter, while analysts polled by LSEG had expected, on average, a profit of 316 million euros.
E
E

EDP Q1 Net Profit Up At 354 Mln Euros YoY

BRIEF-EDP Q1 Net Profit Up At 354 Mln Euros YoY May 9 (Reuters) - EDP Energias de Portugal SA EDP.LS : Q1 NET PROFIT 354 MILLION EUROS VERSUS 303 MILLION EUROS YEAR AGO Q1 EBITDA 1.34 BILLION EUROS VERSUS 1.42 BILLION EUROS YEAR AGO Q1 GROSS PROFIT 1.78 BILLION EUROS VERSUS 2.12 BILLION EUROS YEAR AGO Source text: https://tinyurl.com/8d55bnmt Furth
E

Portugal's EDPR cuts investment plan on tougher market backdrop

UPDATE 3-Portugal's EDPR cuts investment plan on tougher market backdrop To invest 12 bln euros in 2024-26 vs initial plan of 15 bln Q1 net profit up 4%, just ahead of expectations Shares up over 4% Adds investment targets by region and by technology By Sergio Goncalves LISBON, May 9 (Reuters) - The world's fourth-largest wind energy producer, EDP Renovaveis EDPR.LS , cut its investment plan for 2024-26 by a fifth on Thursday, blaming lower power prices and high financing costs.
E
E
E

Portugal's EDP Renovaveis profit rises 4% on sale of wind farms

Portugal's EDP Renovaveis profit rises 4% on sale of wind farms LISBON, May 9(Reuters) - Portugal's EDP Renovaveis EDPR.LS , the world's fourth-largest wind energy producer, said on Thursday its first quarter net profit rose 4% as capital gains made on the sale of wind farms offset falling revenues. The company, majority owned by power utility EDP EDP.LS , said it booked a net profit of 68 million euros ($73.06 million).
E
E

Portuguese court declares levy on renewable utilities unconstitutional

Portuguese court declares levy on renewable utilities unconstitutional By Sergio Goncalves LISBON, May 8 (Reuters) - Portugal's Constitutional Court has declared an extraordinary levy on renewable energy utilities illegal, backing a challenge from companies that have paid hundreds of millions of euros of the so-called CESE levy for years. Renewable power sources such as dams, solar and wind parks supplied 61% of Portugal's electricity in 2023, one of the highest ratios in Europe.
E
E

Akzo Nobel, Galp, Randstad

EUROPE RESEARCH ROUNDUP-Akzo Nobel, Galp, Randstad April 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Akzo Nobel, Galp and Randstad, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Stifel raises to buy from hold * Akzo Nobel NV AKZO.AS : JP Morgan raises to neutral from underweight * Galp GALP.LS : RBC raises to outperform from sector perform * Randstad NV RAND.AS : Jefferies raises to hold from underperform * Robertet SA ROB
A
A
B
B
B
B
C
D
D
E
E
E
E
K
L
L
N
O
A
A
E
G
R

Bernstein reduces EDP to 'market-perform' on lower power prices

BUZZ-Bernstein reduces EDP to 'market-perform' on lower power prices ** Bernstein downgrades Portuguese EDP EDP.LS to "market-perform" from "outperform" as it sees negative earnings momentum driven by lower power prices ** The broker expects power prices to stabilise, with likely some downward pressure this year, and supply margins to decline from
E
E
E

STOXX on the up, utilities in the lead

LIVE MARKETS-STOXX on the up, utilities in the lead STOXX 600 up 0.3% Earnings give support Utilities lead gainers Wall St futures rose Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX ON THE UP, UTILITIES IN THE LEAD Steadying markets saw European shares get off to a positive start on Thursday, with good-looking earnings pushing the region-wide STOXX 600 .STOXX up 0.3% in e
E
E
N
U

Premier Energy aims to raise 100 mln euros in Bucharest May IPO

UPDATE 1-Premier Energy aims to raise 100 mln euros in Bucharest May IPO Adds comment, detail BUCHAREST, April 18 (Reuters) - Bucharest-based energy group Premier Energy, owned by Czech investment firm EMMA Capital, said on Thursday it aims to secure 100 million euros ($ 107 million) from an initial public offering ( IPO) on the Bucharest Stock Exchange.
E

EDP Q1 Total Generation Output Down 1% YoY

BRIEF-EDP Q1 Total Generation Output Down 1% YoY April 18 (Reuters) - EDP Energias de Portugal SA EDP.LS : Q1 TOTAL GENERATION OUTPUT DOWN 1% YOY INSTALLED CAPACITY EBITDA AT 26,532 MW AT END-MARCH, UP 1% YOY Q1 ELECTRICITY DISTRIBUTION IN BRAZIL UP 6% AT 7,308 GWH YOY Q1 ELECTRICITY DISTRIBUTION IN PORTUGAL AND SPAIN UP 1% AT 15,621 GWH YOY Source
E

Portugal's EDP to change its global structure, eyes relevant cost cuts

Portugal's EDP to change its global structure, eyes relevant cost cuts By Sergio Goncalves LISBON, April 17 (Reuters) - Portugal's main power utility EDP EDP.LS has launched an internal restructuring to streamline its worldwide organisation, focus on growth and achieve cost cuts in a challenging market environment, its CEO told Reuters on Wednesday. Miguel Stilwell d'Andrade said "the global context is more difficult than a year ago as energy prices are much lower now, reducing EDP's revenues, a
A
E
M
E

Aston Martin, Puma, Societe Generale

EUROPE RESEARCH ROUNDUP-Aston Martin, Puma, Societe Generale April 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aston Martin, Puma and Societe Generale, on Monday. HIGHLIGHTS * Aston Martin AML.L : JP Morgan cuts target price to 260p from 323p * Danske Bank DANSKE.CO : HSBC raises target price to DKK 238 from DKK 229 * Novo Nordisk NOVOb.CO : Morgan Stanley raises target price to DKK 990 from DKK 930 * Puma SE PUMG.DE : JP Mo
A
A
A
B
B
B
C
C
D
D
E
E
E
E
E
E
G
H
I
L
P
S
Z
A
A
B
E

Norges Bank Increases Its Shareholder Participation In EDP To 5.02%

BRIEF-Norges Bank Increases Its Shareholder Participation In EDP To 5.02% April 9 (Reuters) - EDP Energias de Portugal SA EDP.LS : SAID ON MONDAY NORGES BANK HAD INFORMED ON QUALIFIED SHAREHOLDING IN EDP NORGES BANK NOTIFIED IT HAD INCREASED ITS RESPECTIVE SHAREHOLDER PARTICIPATION TO 5.02% OF EDP'S SHARE CAPITAL AND OF RESPECTIVE VOTING RIGHTS 5%
E



Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.