European Utilities: A Bittersweet Year For Earnings
2025-01-22 09:00:00 ET
Summary
- In 2025, the European utility sector’s cash flow generation will remain strong but will mark another contraction due to still-elevated power prices though these are now in a normalisation phase.
- Pure grid operators, meanwhile, will see cash flow generation expanding again.
- In 2024 and 2025, corrections for past inflation, capital and cost of debt will permit the sub-sector to continue growing its remuneration.
By Nadège Tillier ...
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European Utilities: A Bittersweet Year For EarningsNASDAQ: ITGGF
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