MYTILINEOS S.A. is well placed to benefit from a push in the EU to accelerate renewable plans. It has a renewable portfolio of c 7GW and is well funded to support its investment in the energy transition, with financial flexibility of c €1.5bn augmented by strong operating cash flow across all areas of the business. Edison Group’s per-share valuation increases to €27.0 (62% above the current share price), from €24.0 previously. It is based on a 10-year discounted cash flow (DCF) methodology, which reflects Mytilineos’s growth prospects under the energy transition. Mytilineos is a leading industrial company with an international presence in all five continents. The company is active in Metallurgy, Power and Gas, Sustainable Engineering Solutions and Renewables & Storage Development, operating via a unique synergistic business model.
Download PDF • 558KB