Voltalia falls on H1 miss, FY guidance cut

Voltalia SA

04/09/2025 09:29

** Shares in Voltalia VLTSA.PA fall around 6% after the renewable utilities company cut FY guidance following a worse-than-expected H1 results

** It now sees FY EBITDA at EUR 200-220 mln (prev.: EUR 225 mln ($263 mln)), and net loss to widen further in H2

** Midcap Partners says the consensus previously expected a slight net profit

** The results are also below expectations, the broker adds

** Midcap Partners points out growth from new plant commissioning in 2024 was "not sufficient" to offset services overweight, adverse pricing from expiring high-yield short-term contracts, higher Brazilian curtailment, and negative FX

** Shares are on track for their worst day in five months if losses hold

($1 = 0.8542 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))