Edp Renováveis(OTC) EDRVF

EDP Renováveis, S.A. is a leading renewable energy company focused on the design, construction, operation, and maintenance of power generation plants, primarily in wind and solar energy. Established in 2007 and headquartered in Madrid, Spain, the company has a significant presence in the United States, Spain, Brazil, and Portugal.

Products and Services

• Wind power generation facilities
• Solar energy installations
• Maintenance and operational services for energy plants

Growth Outlook

• Installed capacity reached 5,908 megawatts in the U.S. as of 2021
• Expansion plans include increasing capacity in emerging markets
• Focus on sustainable energy aligns with global trends towards renewables

Financial Highlights

• Recent quarterly revenue of €584 million, showcasing strong operational performance
• Net income of €70 million reflects effective cost management
• Trailing twelve months (TTM) gross profit margin of 53.76% indicates robust profitability

EDP Renováveis, S.A. operates in the renewable utilities sector, which is experiencing significant growth due to increasing global demand for sustainable energy solutions. The company's strategic focus on wind and solar energy positions it well to capitalize on this trend. With a solid financial foundation, including a recent quarterly revenue of €584 million and a net income of €70 million, the company demonstrates strong operational capabilities. The TTM gross profit margin of 53.76% further highlights its efficiency in managing costs while generating revenue. As the world shifts towards renewable energy, EDP Renováveis is poised for continued growth and expansion in the coming years.