Voltalia: widening of the annual net loss – 03/23/2023 at 11:00 am


(Photo credits: Unsplash – Tyler Casey)

(CercleFinance.com) – Voltalia publishes net income group share of -7.2 million euros for the past year, compared to -1.3 million in 2021, and stable EBITDA at 137.4 million (-10 % at constant exchange rates), penalized by the deconsolidation of power plants sold in November 2021.

The turnover of the renewable energy group increased by 31% to 469 million euros (+24% at constant exchange rates), including energy sales up 18% and turnover from services up 49% (after eliminating internal service sales).

Voltalia reiterates its 2023 normative EBITDA target of between €275 and €300 million, including €235 million already secured by existing contracts, as well as its targets set last October as part of its new growth plan horizon 2027.



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