tiprankstipranks
Trending News
More News >

Electricite de Strasbourg Boasts Strong Mid-Year Growth

Electricite de Strasbourg Boasts Strong Mid-Year Growth

Electricite de Strasbourg SA (FR:ELEC) has released an update.

Confident Investing Starts Here:

Electricite de Strasbourg SA reported a significant increase in its financial performance for the first half of 2024, with operating income rising by 167.8% and net income by 148.6%, despite a decrease in revenue due to lower energy prices. The company has adopted the status of a mission-driven company, committing to the energy transition in Alsace and has seen electricity and natural gas sales grow, while continuing the deployment of smart meters and benefiting from favorable dynamics in energy services.

For further insights into FR:ELEC stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1