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Naturgy Energy Group, S.A. ( (ES:NTGY) ) has issued an announcement.
Naturgy has reported solid financial results for 2024, maintaining a net profit of 1,901 million euros and an Ebitda of 5,365 million euros, despite a challenging environment with declining energy prices. The company completed its 2021-2024 Strategic Plan with notable shareholder value creation and significant contributions to the energy transition. Looking forward, Naturgy has unveiled its 2025-2027 Strategic Plan, which involves a 10% increase in investments focused on distribution networks and renewable energies, with 75% of these investments occurring in Spain. The plan also includes an updated dividend policy and measures to enhance its stock market presence, reflecting its commitment to sustainability, financial discipline, and adapting to market volatility.
More about Naturgy Energy Group, S.A.
Naturgy Energy Group, S.A. operates within the energy sector, focusing on electricity and gas distribution networks, as well as renewable energy generation. The company is primarily focused on the Spanish market, which will receive a significant portion of its investments under its strategic plans.
YTD Price Performance: 4.34%
Average Trading Volume: 18,845
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €23.52B
See more insights into NTGY stock on TipRanks’ Stock Analysis page.
