Loading, Please wait ...
EDP – Energias de Portugal, S.A.
EDPFY.PKISIN: US2683531097SEDOL: 2016221 |
Rating: BUY |
Target Price: 37.26 USD |
Investment Horizon: 6 to 12 months |
9M 08 Update Report
CLICK VIEW REPORT TO READ FREE REPORT
EDP – Energias de Portugal, S.A. (EDP) recorded strong revenue growth in 9M 08, driven by revenue growth from the Generation & Supply and Distribution segments. However, EBITDA and adjusted1 net income margin declined y-o-y, below our estimates due to higher-thanexpected Cost of Goods Sold (COGS). We are encouraged by the company’s ambitious growth plans, with increasing focus on renewable energy. We expect this to drive EDP’s…
9M 08 News Alert
CLICK VIEW REPORT TO READ FREE REPORT
EDP – Energias de Portugal, S.A. (EDP) reported strong top-line growth in 9M 08, exceeding our expectations. However, margins were below our estimates, reflecting higher-than-anticipated operating expenses during the period. However, we believe that the company’s strong investment plans over the long term will drive revenue growth. Therefore, we do not anticipate a change in our current common stock rating and maintain a BUY at current…
Company News Alert
CLICK VIEW REPORT TO READ FREE REPORT
EDP – Energias de Portugal, S.A. (EDP) common stock price declined significantly on 06 October 2008, which we believe primarily reflects weakness in equity markets worldwide....
1H 08 Update Report
CLICK VIEW REPORT TO READ FREE REPORT
EDP – Energias de Portugal, S.A.’s (EDP) strong 1H 08 top-line growth was curbed by increased operating and net interest expenses, leading to almost flat growth in its bottom-line during the period. Going forward, while we believe that the company’s strong investment plans will drive its revenue growth, we expect high energy costs to mitigate its overall profitability in the medium term....
1H 08 News Alert
CLICK VIEW REPORT TO READ FREE REPORT
EDP – Energias de Portugal, S.A. (EDP) reported strong revenue growth in 1H 08, primarily driven by strong performances from its Generation and Supply and Distribution businesses, coupled with remarkable growth from its Renewable business....
Subscribe to Alerts
Sign up for a free account to receive email alerts for this stockMore Information
Request a redistribution license
Access to short term actionable trading strategies
(available only with Global Research subscription)
Access to financial models
(available only with Global Research subscription)
