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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | EUR 177 mln |
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
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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.)