Corporacion Acciona Energias Renovables SA

ANE: XMAD (ESP)
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Acciona Energia Earnings: Guidance Reaffirmed Despite Weak First-Half EBITDA

Acciona Energia reported first-half EBITDA of EUR 388 million, down 57% year on year due to absence of asset rotation contributions from last year's EUR 433 million and a 17% decline in EBITDA from operations. Results missed FactSet consensus, sending shares down 4%. Full-year guidance reaffirmed.

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