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Last €70.54 EUR
Change Today -0.52 / -0.73%
Volume 317.9K
As of 11:38 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

red electrica corporacion sa (REE) Snapshot

Open
€71.10
Previous Close
€71.06
Day High
€71.15
Day Low
€70.12
52 Week High
04/28/15 - €79.20
52 Week Low
08/8/14 - €59.30
Market Cap
9.5B
Average Volume 10 Days
3.0M
EPS TTM
€5.31
Shares Outstanding
135.3M
EX-Date
07/1/15
P/E TM
13.3x
Dividend
€3.00
Dividend Yield
4.25%
Current Stock Chart for RED ELECTRICA CORPORACION SA (REE)

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red electrica corporacion sa (REE) Details

Red Eléctrica Corporación, S.A. transmits electricity, operates electricity system, and manages electricity transmission grid in Spain and internationally. Its transmission grid comprises approximately 42,000 kilometers of high voltage electricity lines and approximately 5,000 substation bays; and has approximately 80,000 MVA of transformer capacity. The company also provides advisory, engineering, and construction services; telecommunications services to telecommunications operators and other private firms; and line and sub-station maintenance services. It has a strategic alliance with Redes Energéticas Nacionais, SGPS, S.A. for the development of interconnections between the electricity systems. Red Eléctrica Corporación, S.A. was founded in 1985 and is based in Alcobendas, Spain.

1,752 Employees
Last Reported Date: 04/29/15
Founded in 1985

red electrica corporacion sa (REE) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: €730.0K
Compensation as of Fiscal Year 2014.

red electrica corporacion sa (REE) Key Developments

The Red Eléctrica Group Announces Earnings Results for the First Quarter of 2015

Red Eléctrica Corporación S A. announced earnings results for the first quarter of 2015. The company has reported a net profit of EUR 166.1 million for the first quarter of 2015. This figure is 4.7% higher than that achieved in the same period last year. Revenue for the first three months of 2015 amounted to EUR 487 million, up 5.1% year-on-year. This figure includes income from facilities commissioned in 2014 and 20.3 million from the telecommunications business. EBITDA reached 387.5 million, representing a growth of 5.1% over the first three months of 2014. Its performance is linked to the evolution experienced by revenue and the growth in operating costs, which increased to a rate of 6.7% compared to the previous year as 4 million in costs associated with dark fibre optic network of Adif were included. The net financial loss was 40.0 million compared with 36.9 million in the same period a year earlier as a result of a higher average gross debt balance. This is mainly attributable to the abovementioned acquisition of the rights to use ADIF's dark fibre optic network, partially offset by a lower average interest rate.

Red Eléctrica Corporación S A. to Report Q1, 2015 Results on Apr 29, 2015

Red Eléctrica Corporación S A. announced that they will report Q1, 2015 results on Apr 29, 2015

Red Eléctrica corporation Approves Amendments to its Corporate Bylaws

Red Eléctrica corporation announced that at its AGM held on April 15, 2015, the shareholders approved modification of the corporate bylaws to adapt them to the latest legislative reforms and modification of the corporate bylaws to adapt them to the latest legislative reforms.

 

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REE:SM €70.54 EUR -0.52

REE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Elia System Operator SA/NV €36.68 EUR -0.175
Moscow United Electric Grid Co JSC 0.85 RUB -0.03
Federal Grid Co Unified Energy System JSC 0.06 RUB -0.0004
Power Grid Corp of India Ltd 141.50 INR 0.00
Terna Rete Elettrica Nazionale SpA €4.04 EUR +0.012
View Industry Companies
 

Industry Analysis

REE

Industry Average

Valuation REE Industry Range
Price/Earnings 13.6x
Price/Sales 5.2x
Price/Book 3.6x
Price/Cash Flow 8.4x
TEV/Sales 2.3x
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