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EDP Renováveis, S.A. (EDPR.LS)
| Previous close | 12.97 |
| Open | 12.82 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 12.74 - 13.14 |
| 52-week range | 11.91 - 20.91 |
| Volume | |
| Avg. volume | 929,167 |
| Market cap | 13.138B |
| Beta (5Y monthly) | 0.57 |
| PE ratio (TTM) | 41.39 |
| EPS (TTM) | 0.31 |
| Earnings date | 08 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 27 Apr 2022 |
| 1y target est | 18.40 |
ReutersPortugal's EDP to change its global structure, eyes relevant cost cuts
Portugal's main power utility EDP 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, and interest rates are expected to remain higher for longer". "We have to act... it will be a deep internal restructuring that will simplify, streamline the organisation and increase efficiency," he said, adding that it was needed to help EDP meet its strategic goals.
- Reuters
EDP's 2023 profit rises 40%, misses forecasts due to one-offs
Portugal's largest utility EDP reported on Thursday a 40% jump in 2023 net profit, driven by higher hydroelectric production in Iberia and more earnings from its Brazilian business, but still missed expectations due to one-off losses. EDP-Energias de Portugal netted 950 million euros ($1.03 billion), while analysts polled by LSEG had expected, on average, a profit of 1.2 billion euros. Profit reported earlier by its wind and solar unit EDP Renovaveis plunged 50% to 309 million euros as revenues fell.
GlobeNewswireEDP Renewables North America Announces Operations Commencement of Sharp Hills Wind Farm in Alberta, Canada
Sharp Hills Wind Farm’s 297 megawatts of installed capacity will aid in investments throughout local communities in AlbertaAlberta, Canada, Jan. 22, 2024 (GLOBE NEWSWIRE) -- EDP Renewables North America (EDPR NA), a leading renewable energy developer and a top five renewable energy operator in the United States, alongside EDP Renewables Canada Ltd. (EDPR Canada), celebrates Sharp Hills Wind Farm becoming operational near the hamlets of Sedalia and New Bridgen in Alberta, Canada. The energy offta
