Voltalia shares tumble on 'disappointing' H1 results, outlook cut
BUZZ-Voltalia shares tumble on 'disappointing' H1 results, outlook cut ** Shares in Voltalia VLTSA.PA tumble 17%, hitting their lowest level since March 2014, after the French renewable energy company warned of a net loss in 2026 following weak first-half results
** Voltalia expects to report a net loss for 2026 despite previously guiding for a return to a positive net result this year, also suspending its target for a positive net result in 2027 and 2028 dividend payment
** "A disappointing set of results, both in terms of EBITDA growth and the underlying figures," brokerage Portzamparc said in a note to investors
** The company reported H1 EBITDA of €110.3 million ($128.01 million) and a €43.3 million loss in its net result
** Stock on track for its worst day since August 2024
** Up to the previous session's close, shares were down 16.6% YTD
($1 = 0.8616 euros)
(Reporting by Hugo Lhomedet)
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Brief: Voltalia 2026 Net Result Now Expected To Be Negative