REN plans to invest up to 900 million internationally between 2015 and 2018, according to Reuters.
In the previous strategic plan, presented in 2012, the company had planned to invest up to 700 million in international projects, but these did not materialize because the analyzed projects have not convinced the administration.
The company’s EBITDA is expected to fall to 450 million to 460 million euros, a drop of about 2% per year.
The net debt volume should be stabilized at 2,500 million euros, with an annual dividend of 0.171 euros per share.
The company also foresees an increase in profits of about 10% per year and reach in 2018 between EUR 120 and 130 million, at a time when cut investments in Portugal for up to EUR 200 million year.
The ‘Regulated Asset Base’, acivos the basis on which the remuneration of the company, is expected to be stable at 3,500 million.
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