French renewable energy firm Voltalia's Q1 revenue rises 25% on Renvolt growth

Voltalia SA

23/04/2026 17:43

Overview

France renewable energy producer's Q1 2026 revenue rose 25% yr/yr, driven by Renvolt growth

Company secured new 100 mln EUR financing to support SPRING plan and disposal programme

Outlook

Voltalia confirms 2026 target of 3.7 GW capacity in operation and under construction

Company expects 2026 EBITDA between EUR 210 mln and EUR 230 mln, positive net profit

Result Drivers

RENVOLT GROWTH - Strong commercial momentum in construction for third-party clients, especially in Ireland, France and Spain, drove an 80% increase in Renvolt turnover

INCREASED OPERATIONAL CAPACITY - Growth in Energy Sales was supported by a 17% rise in capacity in operation, which offset plant disposals and temporary reduced availability at certain sites

BRAZILIAN CURTAILMENT IMPACT - Production curtailment in Brazil weighed on results early in the quarter, but grid improvements reduced curtailment from late January

Company press release: ID:nGNEbj5wMY

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 133.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "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 21.3% above its April 22 closing price of €7.01

The stock recently traded at 65 times the next 12-month earnings vs. a P/E of 69 three months ago

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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.)