)

Neoen (NEOEN) investor relations material
Neoen Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
2024 revenue rose 2% to €533.1 million, with adjusted EBITDA up 1% to €479.4 million, and adjusted net income down 72% to €22.4 million.
1.9 GW of new projects awarded, bringing the secured portfolio to 10.8 GW, with 8.9 GW in operation or under construction at year-end.
Brookfield Renewable Holdings acquired a majority stake in December 2024 and launched a public tender offer for remaining shares.
Fourth-quarter revenue surged 22% year-over-year, driven by strong storage performance.
Financial highlights
Adjusted EBITDA margin was 90% (down from 91% in 2023); adjusted EBIT fell 11% to €263.4 million.
Net financial expense increased to €198.0 million, mainly due to higher debt costs and refinancing expenses.
Net cash from operations rose to €337.7 million; net cash used in investing activities was €1,438.0 million.
Gross debt increased to €4,899.6 million, with net debt at €4,264.0 million and a net debt/adjusted EBITDA ratio of 8.9x.
Cash position at year-end was €534.7 million, with total liquidity exceeding €900 million.
Outlook and guidance
Reiterates 2025 target of adjusted EBITDA over €700 million and 10 GW in operation or under construction.
Guidance incorporates best estimates for project commissioning and spot prices.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage