Cenergy Holdings S.A.

CENER

Equity

ISIN BE0974303357 / Valor 34369389

Athens Exchange S.A. Cash Market (2025-01-13)

EUR 9.91-1.29%

Cenergy Holdings S.A.
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About company

Cenergy Holdings S.A., established in 2016, is an investment firm that focuses on industrial companies operating in high-growth sectors, particularly energy distribution and telecommunications. The company is dedicated to fostering innovation within its portfolio, emphasizing the development of new business models and products. Cenergy Holdings leverages advanced technologies to maintain a competitive edge in these dynamic industries. Through strategic investments, the company aims to drive growth and efficiency in the sectors it serves, positioning itself as a key player in the industrial landscape.

Summarized from source with an LLMView SourceSector: Energy

Revenue Growth

Cenergy Holdings S.A. reported an 8% increase in revenue for the first nine months of 2024, reaching EUR 1.26 billion compared to EUR 1.17 billion in the same period of the previous year. This growth was driven by strong performance in both the steel pipes and cables segments.

Operational Profitability

The company's operational profitability saw a significant improvement during Q3 2024, with adjusted EBITDA reaching EUR 194 million for the first nine months, marking a 34% year-over-year increase. The profitability margin for Q3 2024 exceeded 16%, supported by a solid performance in the steel pipes segment and an improved mix of products and projects in the cables segment.

Order Backlog

As of September 30, 2024, Cenergy Holdings S.A.'s order backlog reached EUR 3.48 billion, up from EUR 3.38 billion on June 30 and EUR 3.15 billion nine months earlier. The company is on track with capacity expansion plans in its Greek plants to address the rising backlog.

Profit Before and After Tax

Consolidated profit before tax more than doubled year-over-year to EUR 123.1 million, compared to EUR 60.1 million in the first nine months of 2023. Net profit after tax also saw a significant increase, reaching EUR 100.3 million, up 113% from EUR 47.2 million in the same period last year.

Full Year Guidance

Cenergy Holdings S.A. confirmed its full-year 2024 guidance for adjusted EBITDA, expecting it to be in the range of EUR 245 – 265 million. This outlook reflects the company's confidence in achieving its profitability objectives, supported by strong margins and a robust order backlog.

Summarized from source with an LLMView Source

Key figures

32.8%1Y

198%3Y

607%5Y

Performance

27.3%1Y

35.9%3Y

44.6%5Y

Volatility