- EDP Renováveis reported a net income of EUR 52 million for the first quarter of 2025, which is a 24% decrease compared to the same period last year.
- EBITDA showed a positive trend with EUR 476 million, marking a 4.8% increase year-on-year.
- Recurring EBITDA increased by 5% to EUR 477 million, despite the absence of asset rotation gains which contributed EUR 58 million in the first quarter of 2024.
- The company has signed two asset rotation transactions in Spain and the US, with expected completion before summer 2025.
- As of March, EDP Renováveis has 2.4 gigawatts of capacity under construction, targeting an addition of 2 gigawatts in 2025 and some allocation for 2026.
- Of the planned capacity additions in 2025, 80% are to be implemented in Europe and the US, with 70% scheduled for the fourth quarter.
- The average selling price for the first quarter fell by 5% compared to last year, with declines in Europe and South America partly mitigated by an increase in North America.
- Proceeds from the 2025 tax equity and asset rotation program are anticipated to be predominantly realized in the second half of the year.
- A non-recurring impact of EUR 13 million affected net income, stemming from the accelerated depreciation of the Meadow Lake IV wind project in the US due to a repowering plan based on strong fundamentals.
- Market sentiment includes 15 recommendations to buy, 11 to hold, and 2 to sell the company’s stock.
A look at EDP Renovaveis SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysis of EDP Renovaveis SA‘s Smart Scores reveals a positive long-term outlook for the company. With a top score of 5 in the Value category, this indicates a strong valuation proposition. Despite middling scores in Dividend, Growth, Resilience, and Momentum at 2 each, the company’s overall outlook remains optimistic. EDP Renovaveis SA specializes in designing, developing, managing, and operating power plants that primarily harness wind energy to generate electricity from renewable sources.
Investors considering EDP Renovaveis SA should take note of its solid Value score, suggesting a potentially attractive investment opportunity. While scores in Dividend, Growth, Resilience, and Momentum may not be as high, the company’s core focus on renewable energy sources, particularly wind energy, positions it well for future growth and sustainability in the evolving energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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