MPC Energy Solutions NV (DE:5IX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
MPC Energy Solutions NV reported substantial growth in the second quarter and first half of 2024, with energy output rising to 59.1 GWh and project revenues jumping to USD 6.1 million. The company’s fully operational portfolio of five power assets in Latin America is expected to deliver increased annual revenues of USD 12 million, nearly doubling EBITDA from the previous year. Furthermore, MPCES is on course to complete a milestone 65 MWp solar PV plant in Guatemala by mid-2025, which is anticipated to bring in over USD 8 million in yearly revenues at high EBITDA margins.
For further insights into DE:5IX stock, check out TipRanks’ Stock Analysis page.
