Brief: Neoen Q3 Consolidated Revenue Falls To EUR 120.5 Mln

Neoen SA

02/11/2023 16:45

Nov 2 (Reuters) - Neoen SA  NEOEN.PA :
    * NINE-MONTH 2023 REVENUE TOTALED EUR 397.5 MILLION, UP 12%
AT
CURRENT EXCHANGE RATES
    * Q3 CONSOLIDATED REVENUE EUR 120.5 MILLION, DOWN 8%
    * OUTLOOK 2023: CONFIRMS ITS ADJUSTED EBITDA TARGET FOR
2023, NOW
EXPECTED TOWARDS MIDDLE OF EUR 460 MILLION TO EUR 490 MILLION
    * OUTLOOK 2023: ADJUSTED EBITDA MARGIN EXCEEDING 80%
    * OUTLOOK: REITERATING ITS ADJUSTED EBITDA TARGET OF OVER
EUR 700
MILLION IN 2025
    * THE SECURED PORTFOLIO WAS 8.3 GW AT SEPTEMBER 30, 2023,
WITH 7.2
GW IN ASSETS ALREADY IN OPERATION OR UNDER CONSTRUCTION

Source text for Eikon:  ID:nNDL9wrVtb 
Further company coverage:  NEOEN.PA 

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