REN - Redes Energéticas Nacionais SGPS Full Year 2024 Earnings: Beats Expectations

Simply Wall St

March 09, 2025

REN - Redes Energéticas Nacionais SGPS (ELI:RENE) Full Year 2024 Results

Key Financial Results

Revenue: €1.03b (up 8.7% from FY 2023).
Net income: €152.5m (up 2.2% from FY 2023).
Profit margin: 15% (in line with FY 2023).
EPS: €0.23 (up from €0.23 in FY 2023).

earnings-and-revenue-growth — ENXTLS:RENE Earnings and Revenue Growth March 9th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

REN - Redes Energéticas Nacionais SGPS Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) also surpassed analyst estimates by 42%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Integrated Utilities industry in Europe.

Performance of the market in Portugal.

The company's shares are up 8.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for REN - Redes Energéticas Nacionais SGPS (1 doesn't sit too well with us!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.