Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Chairman of the General and Supervisory Board Antonio Bernardo da Gama Lobo Xavier was the last independent director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 26
EDP, S.A. announces Annual dividend, payable on May 07, 2026 EDP, S.A. announced Annual dividend of EUR 0.2050 per share payable on May 07, 2026, ex-date on May 05, 2026 and record date on May 06, 2026. Annuncio • Mar 26
EDP, S.A., Annual General Meeting, Apr 16, 2026 EDP, S.A., Annual General Meeting, Apr 16, 2026. Location: avenida 24 de julho 12, lisbon Portugal Annuncio • Feb 26
EDP, S.A. to Report Fiscal Year 2025 Results on Feb 25, 2026 EDP, S.A. announced that they will report fiscal year 2025 results at 5:30 PM, Central European Standard Time on Feb 25, 2026 Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Member of General & Supervisory Board João Carlos Carvalho Neves was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 23
EDP, S.A. announces Annual dividend, payable on May 06, 2025 EDP, S.A. announced Annual dividend of EUR 0.2000 per share payable on May 06, 2025, ex-date on May 02, 2025 and record date on May 05, 2025. Annuncio • Mar 25
EDP, S.A., Annual General Meeting, Apr 10, 2025 EDP, S.A., Annual General Meeting, Apr 10, 2025, at 11:00 W. Europe Standard Time. Location: Auditorium at registered office Avenida 24 de Julho Lisbon Portugal Agenda: To consider Integrated Report, specifically the individual and consolidated accounting documents for the 2024 financial year; to consider distribution of the profit of 2024; to conduct general appraisal of company's management and supervision; to authorize the Executive Board of the Directors for the acquisition and sale of own shares; to authorize the Executive Board of the Directors for the acquisition and sale of own bonds; and to transact other matters. Board Change • Dec 30
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. No independent directors (5 non-independent directors). Independent Chairman of General & Supervisory Board John Ramalho de Carvalho Talone was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: €0.077 (vs €0.16 in 3Q 2023) Third quarter 2024 results: EPS: €0.077 (down from €0.16 in 3Q 2023). Revenue: €3.66b (down 8.8% from 3Q 2023). Net income: €320.0m (down 37% from 3Q 2023). Profit margin: 8.7% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.0% to €3.62. The fair value is estimated to be €4.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 1.9% per annum over the same time period. New Risk • Aug 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: €0.12 (vs €0.05 in 2Q 2023) Second quarter 2024 results: EPS: €0.12 (up from €0.05 in 2Q 2023). Revenue: €3.40b (down 9.6% from 2Q 2023). Net income: €408.0m (up 204% from 2Q 2023). Profit margin: 12% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annuncio • Jul 24
EDP, S.A. to Report Q2, 2024 Results on Jul 30, 2024 EDP, S.A. announced that they will report Q2, 2024 results on Jul 30, 2024 New Risk • May 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Declared Dividend • Apr 23
Dividend increased to €0.20 Dividend of €0.20 is 2.6% higher than last year. Ex-date: 6th May 2024 Payment date: 8th May 2024 Dividend yield will be 5.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: €0.23 (vs €0.17 in FY 2022) Full year 2023 results: EPS: €0.23 (up from €0.17 in FY 2022). Revenue: €16.2b (down 22% from FY 2022). Net income: €952.0m (up 40% from FY 2022). Profit margin: 5.9% (up from 3.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: €0.05 (vs €0.14 in 2Q 2022) Second quarter 2023 results: EPS: €0.05 (down from €0.14 in 2Q 2022). Revenue: €3.76b (down 19% from 2Q 2022). Net income: €134.1m (down 65% from 2Q 2022). Profit margin: 3.6% (down from 8.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.8% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: €0.073 (vs €0.02 loss in 1Q 2022) First quarter 2023 results: EPS: €0.073 (up from €0.02 loss in 1Q 2022). Revenue: €4.48b (down 19% from 1Q 2022). Net income: €303.0m (up €379.4m from 1Q 2022). Profit margin: 6.8% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Apr 21
Upcoming dividend of €0.19 per share at 3.7% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 03 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.9%). Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: €0.17 (vs €0.17 in FY 2021) Full year 2022 results: EPS: €0.17 (up from €0.17 in FY 2021). Revenue: €20.7b (up 38% from FY 2021). Net income: €679.0m (up 3.4% from FY 2021). Profit margin: 3.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.2% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: €0.053 (vs €0.06 in 3Q 2021) Third quarter 2022 results: EPS: €0.053. Revenue: €5.68b (up 45% from 3Q 2021). Net income: €211.0m (up 26% from 3Q 2021). Profit margin: 3.7% (down from 4.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Independent Chairman of General & Supervisory Board John Ramalho de Carvalho Talone was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: €0.097 (vs €0.06 in 2Q 2021) Second quarter 2022 results: EPS: €0.097 (up from €0.06 in 2Q 2021). Revenue: €4.66b (up 56% from 2Q 2021). Net income: €383.0m (up 134% from 2Q 2021). Profit margin: 8.2% (up from 5.5% in 2Q 2021). Over the next year, revenue is expected to shrink by 11% compared to a 4.9% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 12
First quarter 2022 earnings released: €0.02 loss per share (vs €0.05 profit in 1Q 2021) First quarter 2022 results: €0.02 loss per share (down from €0.05 profit in 1Q 2021). Revenue: €5.50b (up 78% from 1Q 2021). Net loss: €76.4m (down 143% from profit in 1Q 2021). Over the next year, revenue is expected to shrink by 8.9% compared to a 1.1% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • May 08
First quarter 2022 earnings released: €0.019 loss per share (vs €0.05 profit in 1Q 2021) First quarter 2022 results: €0.019 loss per share (down from €0.05 profit in 1Q 2021). Revenue: €5.50b (up 78% from 1Q 2021). Net loss: €76.0m (down 142% from profit in 1Q 2021). Over the next year, revenue is forecast to decline by 12% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Independent Chairman of General & Supervisory Board John Ramalho de Carvalho Talone was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 19
Upcoming dividend of €0.19 per share Eligible shareholders must have bought the stock before 26 April 2022. Payment date: 28 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.9%). In line with average of industry peers (4.1%). Reported Earnings • Feb 20
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €0.17 (down from €0.21 in FY 2020). Revenue: €15.0b (up 20% from FY 2020). Net income: €657.0m (down 18% from FY 2020). Profit margin: 4.4% (down from 6.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Over the next year, revenue is expected to shrink by 1.9% compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 08
Third quarter 2021 earnings released: EPS €0.042 (vs €0.04 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €3.92b (up 36% from 3Q 2020). Net income: €167.0m (up 55% from 3Q 2020). Profit margin: 4.3% (up from 3.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS €0.042 (vs €0.05 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €3.00b (up 12% from 2Q 2020). Net income: €164.0m (down 2.8% from 2Q 2020). Profit margin: 5.5% (down from 6.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Jun 04
First quarter 2021 earnings released: EPS €0.05 (vs €0.04 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €3.09b (down 12% from 1Q 2020). Net income: €179.5m (up 23% from 1Q 2020). Profit margin: 5.8% (up from 4.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • May 19
First quarter 2021 earnings released The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €3.09b (down 12% from 1Q 2020). Net income: €180.0m (up 23% from 1Q 2020). Profit margin: 5.8% (up from 4.2% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 05
New 90-day low: €4.49 The company is down 1.0% from its price of €4.55 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.58 per share. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue misses expectations Revenue missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 19%, compared to a 15% growth forecast for the Electric Utilities industry in Germany. Is New 90 Day High Low • Jan 06
New 90-day high: €5.36 The company is up 25% from its price of €4.30 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.39 per share. Is New 90 Day High Low • Dec 11
New 90-day high: €4.75 The company is up 12% from its price of €4.24 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electric Utilities industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.77 per share. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of €473.8m, down 30% from the prior year. Total revenue was €12.9b over the last 12 months, down 10% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day high: €4.60 The company is up 7.0% from its price of €4.31 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.76 per share.