EDP-Energias de Portugal SA
EDP
ISIN PTEDP0AM0009 / Valor 605621
EDP-Energias de Portugal SA
UMushroom community rating:
About company
EDP-Energias de Portugal SA is a global energy company that focuses on providing innovative energy services to clients, including distributed solar, storage, energy efficiency, and e-mobility. The company has made significant investments in renewable energy sources, such as wind energy and green hydrogen, to accelerate the planet's decarbonization. EDP is recognized for its sustainability efforts and has expanded its presence in over 20 markets worldwide, with recent acquisitions in Spain and Southeast Asia. Additionally, the company has a strong presence in the electric sector in Brazil and the electricity and gas markets in Spain. EDP's commitment to promoting renewable energy on a global scale is evident through its strategic acquisitions and focus on new technologies.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (18.12.2024):
Revenue Growth
In the latest financial results for 2023, EDP-Energias de Portugal SA reported a recurring EBITDA of €5,023 million, marking an 11% increase compared to the previous year. This growth reflects the company's strong operational performance and strategic focus on expanding its renewable energy portfolio.
Record Net Profit
EDP-Energias de Portugal SA achieved a record recurring net profit of €1,290 million in 2023, representing a significant 48% increase from 2022. This substantial rise in profitability underscores the effectiveness of the company's strategic initiatives and cost management efforts.
Investment in Expansion
In 2023, EDP-Energias de Portugal SA made net expansion investments totaling €5.5 billion, which is a 9% decrease compared to the previous year. This investment was primarily directed towards enhancing the company's renewable energy capacity, aligning with its commitment to sustainable growth.
Increased Net Debt
The company's net debt rose to €15,319 million in 2023, a 16% increase from the previous year. This increase in debt is attributed to the company's ongoing investments in expanding its renewable energy infrastructure and other strategic projects.
Renewable Energy Milestone
EDP-Energias de Portugal SA made significant progress in its renewable energy initiatives in 2023, adding over 2.5 GW of renewable installed capacity. As a result, 87% of the company's generation output now comes from renewable sources, highlighting its commitment to sustainability and reducing carbon emissions.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
13629 M
Market cap (USD)
4,010,606
Daily traded volume (Shares)
3.128 / 3.098
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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