Data Download Center
Annual
| Results | Unit | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Turnover | €M | 565.8 | 563.3 | 565.8 | 567.5 | 561.5 | 545.3 |
| EBITDA | €M | 460.8 | 470.2 | 486.2 | 492,3 | 487.5 | 476.0 |
| EBIT | €M | 218.9 | 229.0 | 250.6 | 257.2 | 265.5 | 261.3 |
| Net financial income | €M | -42.6 | -46.8 | -52.5 | -57.8 | -61.2 | -80.3 |
| Income before taxes | €M | 176.3 | 182.2 | 198.1 | 199,5 | 204.3 | 181.4 |
| Net income | €M | 97.2 | 109.2 | 118.9 | 115.7 | 125.9 | 100.2 |
| Recurrent net income | €M | 121.8 | 131.7 | 144.8 | 137.2 | 154.8 | 126.1 |
Restated as requires by IAS 19.
| Debt | Unit | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
| Net debt | M€ | 2,362 | 2,741.9 | 2,286 | 2,653.1 | 2,756.2 | 2,477.7 | |
| Average cost of debt | % | 1.6% | 1.8% | 2.1% | 2.2% | 2.5% | 3.2% | |
| Average debt maturity | Anos | 3.3 | 3.4 | 3.6 | 4.3 | 4.1 | 5.1 | |
| DEBT STRUCTURE | ||||||||
| Sources of funding | M€ | |||||||
| EIB | M€ | 430.9 | 480.8 | 440.3 | 409.4 | 458 | 497.1 | |
| Bond Issues * | M€ | 1,722.9 | 1,422.9 | 1,720.7 | 1,750.7 | 1,643.5 | 1,673.5 | |
| Commercial paper | M€ | 450 | 700 | 464 | 180 | 220 | 253 | |
| Other | M€ | 148.2 | 195.4 | 221.1 | 351.5 | 485.7 | 60 | |
| Type of rate | % | |||||||
| Fixed | % | 60% | 62% | 58% | 62% | 64% | 64% | |
| Variable | % | 40% | 38% | 42% | 38% | 46% | 36% | |
*Includes exchange hedging
| Share | Unit | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Year-end price | € | 2.545 | 2.365 | 2.72 | 2.434 | 2.479* | 2.698 |
| Annual return | % | 15.5% | -6.9% | 19.6% | 4.8% | 10.1% | 3.3% |
| Market capitalisation | M€ | 1,698 | 1,578 | 1,815 | 1,624 | 1,654 | 1,441 |
| Earnings per share | € | 0.15 | 0.16 | 0.18 | 0.17 | 0.19 | 0.19 |
| Dividend per share | € | 0.154 | 0.171 | 0,171 | 0.171 | 0.171** | 0.171 |
| Payout ratio | € | 105.8% | 104.4% | 96.0% | 98.6% | 90.6% | 91.1% |
| Dividend yield | % | 6.7% | 7.4% | 6.3% | 7.0% | 6.5% | 6.3% |
* 2017 adjusted to the capital increase.
** Dividend that the board of directors will propose in the general shareholders meeting.
| Other Indicators | Unit | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Average RAB | €M | 3602.8 | 3635 | 3,753.3 | 3,832.0 | 3,924.7 | 3,537.1 |
| CAPEX | €M | 247.1 | 173.3 | 188.6 | 121.9 | 155.6 | 171.5 |
| Net debt /EBITDA | x | 5.1x | 5.8 | 5.7x | 5.4x | 5.3x | 5.2x |
| No. of employees (1) | # | 701 | 697 | 684 | 691 | 693 | 608 |
| Electricity (2) | # | 211 | 210 | 210 | 215 | 214 | 229 |
| Gas (3) | # | 139 | 137 | 131 | 129 | 128 | 129 |
| Portgás | # | 69 | 69 | 68 | 72 | 88 | |
| Other Business Unit (4) | # | 282 | 281 | 275 | 275 | 261 | 250 |
(1) Payroll + Fixed-term employees + trainees
(2) Electricity Grid
(3) REN Gasodutos + REN Armazenagem + REN Atlântico
(4) Concession support + Support functions + REN Trading + Enondas + Other
(2) Electricity Grid
(3) REN Gasodutos + REN Armazenagem + REN Atlântico
(4) Concession support + Support functions + REN Trading + Enondas + Other
Quarterly
| Results | Un. | 9M22 | 1H22 | 1Q22 | 2021 | 9M21 | 1H21 | 1Q21 | 2020 | 9M20 | 1H20 | 1Q20 | 2019 | 9M19 | 1H19 | 1q19 | 2018 | 9M18 | 1H18 | 1Q18 | 2017 | 9M17 | 1H17 | 1Q17 | 2016 | 9M16 | 1H16 | 1Q16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | €M | 360.9 | 238.4 | 118.4 | 460,8 | 343,4 | 227.9 | 114.4 | 470,2 | 352,5 | 237 | 118.9 | 486.2 | 368,0 | 247.4 | 125.3 | 492,3 | 378,4 | 252.4 | 128.4 | 487,5 | 364,4 | 242.7 | 123.7 | 476,0 | 357,2 | 240.2 | 121.1 |
| EBIT | €M | 174.3 | 114.1 | 56.3 | 218,9 | 162,9 | 107.6 | 54.3 | 229,0 | 172,6 | 117.3 | 59.9 | 250.6 | 192,2 | 103.2 | 66.8 | 257,2 | 202,2 | 134.8 | 69.7 | 265,5 | 201,6 | 134.1 | 69.3 | 261,3 | 196,6 | 133.2 | 44.1 |
| Net financial income | €M | -25.8 | -15.1 | -9.4 | -42,6 | -31,1 | -18 | -10.8 | -46,8 | -36,7 | -21.4 | -13.6 | -52,5 | -39,4 | -26.9 | -15.5 | -57,8 | -43,5 | -27.3 | -16.6 | -61,2 | -44,5 | -27.5 | -15.8 | -80,3 | -63,4 | -41.7 | -23.6 |
| Income before taxes | €M | 148.5 | 99.1 | 46.8 | 176,3 | 131,7 | 89.6 | 43.5 | 182,2 | 136,0 | 95.9 | 45.4 | 198,1 | 152,8 | 103.3 | 51.3 | 199,5 | 158,7 | 134.8 | 53.1 | 204,3 | 157,1 | 106.6 | 53.8 | 181,4 | 133,3 | 91.6 | 44.1 |
| Net income | €M | 81.4 | 45.9 | 6 | 97,2 | 68,4 | 39.5 | 4.5 | 109,2 | 76,1 | 46.1 | 4.3 | 118,9 | 86,3 | 51.1 | 13.2 | 115,7 | 90,9 | 52.8 | 13.1 | 125,9 | 88,9 | 53 | 13.5 | 100,2 | 70,5 | 40.5 | 6.1 |
| Recurrent net income | €M | 107 | 71.6 | 34 | 121,8 | 93,0 | 64.3 | 31.6 | 131,7 | 98,6 | 69.6 | 32.5 | 144,8 | 110,7 | 75.5 | 37.6 | 137,2 | 112,5 | 78.4 | 38.4 | 154,8 | 116,9 | 80.9 | 39.3 | 126,1 | 96,4 | 66.5 | 32 |
| Debt | Un. | 9M22 | 1H22 | 1Q22 | 2021 | 9M21 | 1H21 | 1Q21 | 2020 | 9M20 | 1H20 | 1Q20 | 2019 | 9M19 | 1H19 | 1q19 | 2018 | 9M18 | 1H18 | 1Q18 | 2017 | 9M17 | 1H17 | 1Q17 | 2016 | 9M16 | 1H16 | 1Q16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net debt | €M | 1.941.5 | 2,099.4 | 2,098.7 | 2,362 | 2,378.2 | 2,539.9 | 2,547.9 | 2,741.9 | 2,743 | 2,839.9 | 2,750.3 | 2,826 | 2,586.5 | 2,638.7 | 2,613.9 | 2,653.1 | 2,643.8 | 2,686.7 | 2,643.7 | 2,756.2 | 2,540.6 | 2,577.4 | 2,543.5 | 2,477.7 | 2,484.9 | 2,526.5 | 2,473.2 | |
| Average cost of debt | % | 1.7% | 1.7% | 1.6% | 1.6% | 1.6% | 1.6% | 1.6% | 1.8% | 1.9% | 1.9% | 1.8% | 2.1% | 2.2% | 2.2% | 2.3% | 2.2% | 2.3% | 2.3% | 2.3% | 2.5% | 2.6% | 2.6% | 2.6% | 3.2% | 3.4% | 3.5% | 3.7% | |
| Average debt maturity | Years | 3.2 | 3.0 | 3.2 | 3.3 | 3.5 | 3.7 | 3.2 | 3.4 | 3.7 | 3.8 | 3.5 | 3.6 | 3.7 | 4.0 | 4.2 | 4.3 | 4.6 | 4.8 | 5.0 | 4.1 | 4.4 | 4.5 | 4.7 | 5.1 | 4.7 | 4.7 | 3.9 | |
| DEBT STRUCTURE | |||||||||||||||||||||||||||||
| Sources of funding | |||||||||||||||||||||||||||||
| EIB | €M | 390 | 415.7 | 430.9 | 430.9 | 440.1 | 465.9 | 480.1 | 480.8 | 489.8 | 515.6 | 439.6 | 440.3 | 369.1 | 394.9 | 408.6 | 409.4 | 418 | 443.7 | 457.3 | 458 | 458.7 | 497.1 | 497.1 | 497.1 | 524.6 | 559.6 | 573.5 | |
| Bond issues* | €M | 1,722.9 | 1,722.9 | 1,722.9 | 1,722.9 | 1,722.9 | 1,722.9 | 1,422.9 | 1,442.9 | 1,690.7 | 1,690.7 | 1,690.7 | 1,720.7 | 1,720.7 | 1,720.7 | 1,720.7 | 1,750.7 | 1,750.7 | 1,750.7 | 1,750.7 | 1,643.5 | 1,643.5 | 1,643.5 | 1,643.5 | 1,673.5 | 1,473.5 | 1,773.5 | 1,492.9 | |
| Commercial paper | €M | 250 | 460 | 450 | 450 | 500 | 500 | 680 | 700 | 375 | 459 | 441.5 | 464 | 468 | 356.5 | 312 | 180 | 150 | 150 | 150 | 220 | 375.2 | 388 | 388 | 253 | 510.5 | 232.5 | 427 | |
| Other | €M | 49.1 | 49.2 | 49.4 | 148.2 | 167.4 | 167.8 | 195.1 | 195.4 | 199.7 | 192.9 | 218.8 | 221.1 | 190.3 | 200.3 | 201.1 | 351.5 | 350.9 | 400.7 | 398.3 | 485.7 | 47.5 | 47.8 | 47.8 | 63.2 | 47.3 | 47.5 | 47.8 | |
| Type of rate: | |||||||||||||||||||||||||||||
| Fixed | % | 70% | 72% | 70% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 60% | 50% | 60% | 60% | 60% | 60% | 50% | 60% | 50% | |
| Variable | % | 30% | 28% | 30% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 40% | 50% | 40% | 40% | 40% | 40% | 50% | 40% | 50% | |
*Includes exchange hedging
| Share | Un. | 9M22 | 1H22 | 1Q22 | 2021 | 1H21 | 9M21 | 1Q21 | 2020 | 9M20 | 1H20 | 1Q20 | 2019 | 9M19 | 1H19 | 1Q19 | 2018 | 9M18 | 1H18 | 1Q18 | 2017 | 9M17 | 1H17 | 1Q17 | 2016 | 9M16 | 1H16 | 1Q16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | € | 2.415 | 2.875 | 2.545 | 2.545 | 2.550 | 2.340 | 2.380 | 2.365 | 2.370 | 2.430 | 2.320 | 2.720 | 2.560 | 2.410 | 2.542 | 2.434 | 2.430 | 2.400 | 2.508 | 2.479* | 2.754 | 2.741 | 2.821 | 2.698 | 2.603 | 2.533 | 2.882 |
* 2017 adjusted to the capital increase.
| Other Indicators | Un. | 9M22 | 1H22 | 1Q22 | 2021 | 9M21 | 1H21 | 1Q21 | 2020 | 9M20 | 1H20 | 1Q20 | 2019 | 9M19 | 1H19 | 1q19 | 2018 | 9M18 | 1H18 | 1Q18 | 2017 | 9M17 | 1H17 | 1Q17 | 2016 | 9M16 | 1H16 | 1Q16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Average RAB | M€ | 3603.3 | 3,602.6 | 3,660.1 | 3,602.8 | 3,518.5 | 3,515.2 | 3,541.2 | 3,635 | 3,652.9 | 3,681.4 | 3,714.2 | 3,753.3 | 3,717.8 | 3,738.2 | 3,743 | 3,832 | 3,835.2 | 3,855.2 | 3,877.8 | 3,924.7 | 3,462.5 | 3,470.3 | 3,495.3 | 3,537.1 | 3,502 | 3,522.8 | 3,542.1 |
| CAPEX | M€ | 126.0 | 78.8 | 27.3 | 247.1 | 141.7 | 79.3 | 31.8 | 173.3 | 103,7 | 60,6 | 27 | 188,6 | 110,3 | 49,9 | 16,8 | 121,9 | 67,2 | 39,4 | 13,9 | 155,6 | 80,3 | 41,0 | 13,2 | 171,5 | 73,4 | 37,6 | 11,3 |
| Net debt /EBITDA | x | 4.0 | 4.4x | 4.4x | 5.1x | 5.2x | 5.6x | 5.6x | 5.8x | 5.7x | 5.9x | 5.8x | 5.7x | 5.3x | 5.3x | 5.2x | 5.4x | 5.3x | 5.3x | 5.1x | 5.3x | 5.2x | 5.3x | 5.1x | 5.2x | 5.2x | 5.3x | 5.1x |
| No. of employees (1) | # | 706 | 709 | 703 | 701 | 703 | 701 | 701 | 697 | 701 | 695 | 692 | 684 | 685 | 690 | 690 | 691 | 696 | 688 | 695 | 693 | 609 | 610 | 608 | 608 | 619 | 618 | 621 |
| Electricity (2) | # | 212 | 209 | 209 | 211 | 210 | 210 | 210 | 210 | 209 | 213 | 211 | 210 | 210 | 212 | 210 | 215 | 216 | 215 | 215 | 214 | 219 | 220 | 221 | 230 | 234 | 229 | 229 |
| Gas (3) | # | 129 | 129 | 131 | 139 | 138 | 138 | 138 | 137 | 137 | 137 | 136 | 131 | 130 | 130 | 130 | 129 | 129 | 125 | 127 | 128 | 130 | 130 | 125 | 129 | 131 | 130 | 132 |
| Portgás | # | 63 | 63 | 62 | 69 | 69 | 68 | 68 | 69 | 69 | 66 | 67 | 68 | 68 | 68 | 71 | 72 | 86 | 83 | 83 | 90 | |||||||
| Other Business Unit (4) | # | 302 | 308 | 301 | 282 | 286 | 285 | 285 | 281 | 286 | 279 | 278 | 275 | 277 | 280 | 279 | 275 | 265 | 265 | 264 | 261 | 260 | 260 | 262 | 249 | 254 | 259 | 260 |
(1) Payroll + Fixed-term employees + trainees
(2) Electricity Grid
(3) REN Gasodutos + REN Armazenagem + REN Atlântico
(4) Concession support + Support functions + REN Trading + Enondas + Other
(2) Electricity Grid
(3) REN Gasodutos + REN Armazenagem + REN Atlântico
(4) Concession support + Support functions + REN Trading + Enondas + Other
