Company REN - Redes Energéticas Nacionais, SGPS, S.A.

Equities

RENE

PTREL0AM0008

Electric Utilities

Market Closed - Euronext Lisbonne 11:35:29 2024-04-24 am EDT After market 03:48:35 pm
2.24 EUR 0.00% Intraday chart for REN - Redes Energéticas Nacionais, SGPS, S.A. 2.243 +0.13%

Business Summary

REN - Redes Energéticas Nacionais, SGPS, S.A. specializes in the operation and concession management of the Portuguese electricity transportation network. Net sales break down by activity sector as follows:

- electricity (63.7%): transportation of electricity from producers to end distributors and consumers, management of the electricity transportation network (connecting user installations to the network, maintenance of the network, etc.). At the end of 2022, the network has a total of 9,424 Km;

- gas (34.8%): transportation of natural gas from producers to end distributors and industrial consumers, underground storage of natural gas, receiving, storage, and regasification of liquid natural gas (LNG), infrastructure construction and maintenance services, etc.;

- telecommunications (1.3%);

- other (0.2%).

Number of employees: 743

Sales per Business

EUR in Million2022Weight2023Weight Delta
Electricity
70.8 %
529 67.3 % 671 70.8 % +26.85%
Gas
28.3 %
248 31.5 % 269 28.3 % +8.45%
Telecommunications
0.8 %
8 1.0 % 8 0.8 % +1.43%
Others
0.1 %
1 0.2 % 1 0.1 % -61.76%

Sales per region

EUR in Million2022Weight2023Weight Delta
Portugal
100.0 %
786 100.0 % 948 100.0 % +20.65%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 14-12-16
Director of Finance/CFO 53 11-12-31
Chief Investment Officer - -
Chief Tech/Sci/R&D Officer - 19-08-31
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer 50 19-04-30
Investor Relations Contact - 22-01-31
Corporate Secretary - -
General Counsel - -
Human Resources Officer - 19-07-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 64 14-12-16
Director/Board Member 66 15-03-31
Chief Operating Officer 50 19-04-30
Director of Finance/CFO 53 11-12-31
Director/Board Member 56 12-05-24
Director/Board Member 53 15-03-31
Director/Board Member 58 23-03-06
Director/Board Member - 19-04-30
Director/Board Member 55 21-03-31
Director/Board Member - 21-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 667,191,262 383,052,510 ( 57.41 %) 3,881,374 ( 0.5817 %) 57.41 %

Shareholders

NameEquities%Valuation
China State-Owned Assets Supervision & Admn Commission
25.00 %
166,797,815 25.00 % 396 M €
80,100,000 12.01 % 190 M €
33,359,563 5.000 % 79 M €
Lazard Asset Management Pacific Co.
1.397 %
9,321,738 1.397 % 22 M €
IM Gestão de Ativos SGFI SA
0.6402 %
4,271,246 0.6402 % 10 M €
3,881,374 0.5817 % 9 M €
Setanta Asset Management Ltd.
0.4515 %
3,012,276 0.4515 % 7 M €
Goldman Sachs Asset Management Belgium SA
0.2732 %
1,823,000 0.2732 % 4 M €
Invest Gestão de Activos SGFIM SA
0.2475 %
1,651,000 0.2475 % 4 M €
Mercer Global Investments Europe Ltd.
0.1915 %
1,277,701 0.1915 % 3 M €

Holdings

NameEquities%Valuation
3,881,374 0.58% 9,222,145 $

Company contact information

Redes Energeticas Nacionais SGPS SA

Avenida Estados Unidos da América 55

1749-061, Lisbon

+351 21 001 3500

http://www.ren.pt
address REN - Redes Energéticas Nacionais, SGPS, S.A.(RENE)

Group companies

NameCategory and Sector
Electric Utilities
REN Serviços SA
Electric Utilities
REN Atlântico , Terminal de GNL SA

Sales per Business

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
2.24 EUR
Average target price
2.647 EUR
Spread / Average Target
+18.18%
Consensus

Annual profits - Rate of surprise

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