(CercleFinance.com) – Neoen gains almost 5% after raising its adjusted EBITDA target range for the year 2022 to a level between 390 and 410 million euros, its EBITDA margin adjusted being expected between 80 and 85%.
The renewable energy group also reiterates its adjusted EBITDA growth objectives until 2025 and its objective of more than 10 GW of capacity in operation or under construction by the end of 2025.
Revenue for the first nine months reached €354.6 million, up 46% with strong growth in each of the three solar (+20%), wind (+50%) and storage activities (multiplied by 2.7).