Aankondiging • Apr 23
Elecnor, S.A. to Report Q1, 2026 Results on May 04, 2026 Elecnor, S.A. announced that they will report Q1, 2026 results on May 04, 2026 Aankondiging • Apr 14
Elecnor, S.A., Annual General Meeting, May 26, 2026 Elecnor, S.A., Annual General Meeting, May 26, 2026. Location: auditorio edificio fortuny, calle rafael calvo 39a, madrid., Spain Aankondiging • Feb 10
Elecnor, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026 Elecnor, S.A. announced that they will report fiscal year 2025 results on Feb 26, 2026 Aankondiging • Oct 28
Elecnor, S.A. to Report Q3, 2025 Results on Nov 03, 2025 Elecnor, S.A. announced that they will report Q3, 2025 results on Nov 03, 2025 Aankondiging • Jul 21
Elecnor, S.A. to Report First Half, 2025 Results on Jul 28, 2025 Elecnor, S.A. announced that they will report first half, 2025 results on Jul 28, 2025 Aankondiging • Apr 11
Elecnor, S.A., Annual General Meeting, May 27, 2025 Elecnor, S.A., Annual General Meeting, May 27, 2025. Location: auditorio edificio fortuny, calle rafael calvo 39a., madrid Spain Aankondiging • Feb 18
Elecnor, S.A. to Report Fiscal Year 2024 Results on Feb 28, 2025 Elecnor, S.A. announced that they will report fiscal year 2024 results on Feb 28, 2025 Aankondiging • Oct 25
Elecnor, S.A. to Report Q3, 2024 Results on Nov 04, 2024 Elecnor, S.A. announced that they will report Q3, 2024 results on Nov 04, 2024 Aankondiging • Aug 08
Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO). Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO) on August 7, 2024. Indra Sistemas received approval from the shareholders of Indra for Space spin-off and the creation of the Space New company. The transaction is expected to be completed in the last quarter of the year, once the customary regulatory approvals have been obtained. Reported Earnings • Jul 31
First half 2024 earnings released First half 2024 results: Revenue: €1.73b (down 9.1% from 1H 2023). Net income: €19.8m (down 58% from 1H 2023). Profit margin: 1.1% (down from 2.5% in 1H 2023). 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 4.8% growth forecast for the Construction industry in Europe. Upcoming Dividend • May 30
Upcoming dividend of €0.31 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.9%). Aankondiging • May 24
Statkraft AS completed the acquisition of Enerfin, S.A. from Elecnor, S.A. (BME:ENO). Statkraft AS agreed to acquire Enerfin, S.A. from Elecnor, S.A. (BME:ENO) on November 17, 2023. The transaction has an estimated enterprise value of €1.8 billion, including equity and debt, subject to customary adjustments at completion. The transaction is dependent on public approvals in the respective countries and is expected to be closed during the first half of 2024. As of January 24, 2024, Elecnor, S.A. shareholders approved the transaction. Mediobanca and Lazard have acted as financial advisors to Elecnor and Alberto Frasquet, Guillermo Uriarte and Henar González of Herbert Smith Freehills has advised it on the legal aspects of the operation. Ernst & Young Abogados, S.L. acted as due diligence provider to both Statkraft AS and Enerfin, S.A.Statkraft AS completed the acquisition of Enerfin, S.A. from Elecnor, S.A. (BME:ENO) on May 23, 2024. Aankondiging • Apr 23
Elecnor, S.A. to Report Q1, 2024 Results on Apr 29, 2024 Elecnor, S.A. announced that they will report Q1, 2024 results on Apr 29, 2024 Aankondiging • Apr 16
Elecnor, S.A., Annual General Meeting, May 21, 2024 Elecnor, S.A., Annual General Meeting, May 21, 2024, at 12:00 Central European Standard Time. Location: Auditorio Edificio Fortuny, located at Calle Rafael Calvo, número 39 A Madrid Spain Agenda: To consider Examination and approval of the Annual Accounts (Balance Sheet, Income Statement, Statement of Changes in Equity, Statement of Cash Flows and Notes) and of the Directors' Report of the Company and its Consolidated Group corresponding to financial year 2023; to consider Examination and approval of the Non-Financial Information Statement of the Company and its Consolidated Group corresponding to financial year 2023; to consider Examination and approval of the proposed allocation of results corresponding to financial year 2023; to consider Examination and approval of the management carried out by the Company's Board of Directors during financial year 2023; to consider Advisory vote on the Annual Report on Directors' Remuneration for 2023; and to consider other matters. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: €0.74 (vs €1.21 in FY 2022) Full year 2023 results: EPS: €0.74 (down from €1.21 in FY 2022). Revenue: €3.88b (up 6.5% from FY 2022). Net income: €62.7m (down 39% from FY 2022). Profit margin: 1.6% (down from 2.8% in FY 2022). Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Construction industry in Europe are expected to grow by 4.0%. Aankondiging • Feb 20
Elecnor, S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024 Elecnor, S.A. announced that they will report fiscal year 2023 results on Feb 29, 2024 New Risk • Feb 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risks High level of debt (79% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). New Risk • Feb 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risks High level of debt (79% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). New Risk • Nov 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risks High level of debt (79% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €18.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Construction industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €11.87 per share. New Risk • Nov 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (79% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Aankondiging • Oct 24
Elecnor, S.A. to Report Q3, 2023 Results on Oct 30, 2023 Elecnor, S.A. announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Jul 28
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (79% net debt to equity). Paying a dividend despite having no free cash flows. Reported Earnings • Jul 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €1.13b (up 22% from 2Q 2022). Net income: €20.0m (up 9.0% from 2Q 2022). Profit margin: 1.8% (down from 2.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Construction industry in Germany. Aankondiging • Jul 18
Elecnor, S.A. to Report Q2, 2023 Results on Jul 27, 2023 Elecnor, S.A. announced that they will report Q2, 2023 results on Jul 27, 2023 
