France's Voltalia Q2 turnover rises 35% on new capacity

Voltalia SA

23/07/2026 17:14

    

    Overview
  
France renewable energy producer's Q2 2026 turnover rose 35% to 198 mln EUR
Company benefited from 17 mln EUR compensation for Brazil production curtailment in Q2
Voltalia confirmed 2026 financial objectives, despite revising capacity target to 3.6 GW

    

    Outlook
  
Voltalia confirms 2026 EBITDA guidance of EUR 210 mln to EUR 230 mln
Company revises 2026 total capacity target to 3.6 GW from around 3.7 GW
Voltalia expects EUR 300 mln to EUR 325 mln EBITDA in 2027

    

    Result Drivers
  
NEW CAPACITY - Growth in Q2 turnover driven by new capacity commissioned, notably in South Africa and Uzbekistan
BRAZIL CURTAILMENT COMPENSATION - Company recognized 17 mln EUR in turnover from compensation related to production curtailment in Brazil
COMMERCIAL MOMENTUM - Renvolt and Voltalia Hub units saw continued growth from construction, maintenance, and services activities

    
Company press release: ID:nGNE8DLfJ0

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
 
EUR 198 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electric utilities peer group is "buy"
Wall Street's median 12-month price target for Voltalia SA is €8.50, about 26.3% above its July 22 closing price of €6.73
The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 68 three months ago

    

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July 23 - Global power demand to accelerate in 2026 and 2027, IEA says

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)