Spain · Delayed Price · Currency is EUR Corporación Acciona Energías Renovables Earnings Call Transcripts
Fiscal Year 2026
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First half 2026 saw robust infrastructure and renewables performance, with record backlogs and strong asset rotation supporting debt reduction and capital recycling. Full-year guidance is reiterated, with a stronger second half expected as asset rotation and higher power prices materialize.
Fiscal Year 2025
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H1 2025 delivered strong revenue and profit growth, driven by robust operational performance and successful asset rotation, with major disposals and a record infrastructure backlog. Guidance for EBITDA and investment remains unchanged, while CapEx is reduced and balance sheet strength prioritized.
Fiscal Year 2024
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H1 2024 saw strong infrastructure and Nordex results offsetting weak energy performance due to low Spanish prices and output. Asset rotation is progressing, with a major hydro sale and robust pipeline, while leverage is expected to normalize by 2025.