France's Voltalia Q3 revenue rises on new capacity, energy sales

Overview

• France renewable energy producer's Q3 2026 revenue rose 6% yr/yr at constant exchange rates

• Q3 energy production rose 29%, driven by new capacity and reduced curtailment

• Company reached 3 GW operational capacity target one quarter ahead of schedule

Outlook

• Voltalia confirms 2026 EBITDA objective of EUR 210-230 mln

• Company expects 2026 Energy Sales EBITDA of EUR 190-210 mln

• Voltalia plans disposals of EUR 300-350 mln between 2026 and 2028

Result Drivers

• NEW CAPACITY AND RESOURCE IMPROVEMENT - Co said Q3 energy sales were driven by new capacity, improved resource levels and reduced curtailment

• CURTAILMENT REDUCTION - Co said lower curtailment, especially in Brazil, contributed to higher production and revenue

• COST CONTROL - Co said tighter cost control and reduced development costs supported operational performance

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "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 €7.00, about 65.3% above its October 21 closing price of €4.24

Reuters Recommended Reads

• Oct 21 - Iberdrola raises outlook again, sees higher profit growth through 2030

• Oct 21 - NextEra Energy tops quarterly profit estimates, says Dominion deal on track

• Oct 21 - India's Adani Green Energy posts quarterly profit rise on higher power sales

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)