EDPR’s 2015 financial targets were presented to the market during its May 2012 investor day. the execution of these targets ensures value creation for our shareholders.
IMPROVE PORTFOLIO PROFITABILITy METRICS
EDPR’s strict investment strategy for the 2012-2015 period will lead to a continued increase in EDPR’s key value metrics. Our objective is to invest in new projects with superior wind resource, located in geographies that have above portfolio average selling price, and a continuous focus on improving Opex metrics. The execution of these goals will be the main drivers for achieving our EBITDA average MW metric.
increase in EBITDA per average Mw in operation by 2015
STRONG CASh-FLOW GENERATION
EDPR’s continued focus on operational efficiency coupled with its selective investment strategy result in a top-quality portfolio with high cash-flow generation capacity. Our target is for EDPR’s EBITDA to rise steadily clearly exceeding the 1.35 billion euros mark by 2015. During the 2012-15 period EDPR’s operating cash-flow will also significantly exceed Capex.
billion euros of EBITDA by 2015
SIGNIFICANTLy INCREASE BOTTOM-LINE PROFITABILITy
Generating sustained return on investment for our shareholders is the main goal of EDPR. Our target is to more than triple 2011 Net Income over the next 4 years.
increase in net Income vs. 2011 figures