- REN’s net income increased to €65.7 million, showing a 35% growth compared to the previous year.
- Capital expenditure rose by 11% year-on-year, reaching €150 million.
- EBITDA slightly decreased by 0.5% year-on-year, totaling €256.6 million.
- The increase in net income was primarily attributed to better financial results and lower taxes.
- Analyst recommendations for REN include 3 buys, 5 holds, and 2 sells.
A look at Ren – Redes Energeticas Nacion Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Ren – Redes Energeticas Nacionais, a company that transmits electricity for EDPEnergias de Portugal and manages gas pipelines in Portugal, has received an overall positive outlook based on Smartkarma Smart Scores. With strong scores of 4 in Value, Dividend, Growth, and Momentum, it indicates a promising future for Ren – Redes Energeticas Nacionais in the long term. These scores suggest that the company is performing well across various key factors such as value, dividend yield, growth potential, and market momentum.
Although scoring slightly lower in Resilience with a score of 3, the overall high scores in other areas paint a favorable picture for Ren – Redes Energeticas Nacionais. Investors may view this combination of scores as indicative of a company with solid fundamentals and growth prospects within the energy transmission and gas pipeline sector in Portugal.
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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