NEWS 2023

Atlantica to present Q2 2023 financial results

July 26, 2023
  • Revenue for the first half of 2023 reached $554.6 million, a 1.4% increase year-over-year on a comparable basis1 and a 0.1% decrease year-over-year.
  • Adjusted EBITDA was $403.8 million for the first half of 2023, a 1.9% increase year-overyear on a comparable basis1 and a 0.4% increase year-over-year
  • Net profit for the first half of 2023 attributable to the Company was $24.7 million, compared with a net profit of $4.1 million in the first half of 2022.
  • Cash available for distribution (“CAFD”) in the first half of 2023 was $124.6 million and increased by 2.6% on a comparable basis2 (6.2% growth year-over-year).
  • Quarterly dividend of $0.445 per share approved by the Board of Directors

Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the first half of 2023. Revenue for the first half of 2023 was $554.6 million, representing a 1.4% increase on a comparable basis1 compared with the first half of 2022 and a 0.1% decrease year-over-year. Adjusted EBITDA was $403.8 million, a 1.9% increase on a comparable basis1 compared to the first half of 2022 and a 0.4% increase year-over-year. CAFD was $124.6 million, a 2.6% rise on a comparable basis compared with $117.3 million in the first half of 2022 excluding $4.1 million from the sale of part of our equity interest in our development company in Colombia to a partner in the first quarter of 2023. Year-over-year, CAFD increased 6.2% in the first half of 2023 compared to the same period of the previous year. CAFD per share3 was $1.07, representing a 0.3% increase compared to the same period of the previous year without the effect of the sale previously described and a 3.8% increase year-over-year.

1 Compared with the first half of 2022 on a constant currency basis.
2 Compared to the first half of 2022, excluding $4.1 million from the sale of part of our equity interest in our development company in Colombia to a partner in the first quarter of 2023.
3 CAFD per share is calculated by dividing CAFD for the period by the weighted average number of shares for the period.

Download the full report

About Atlantica

Atlantica Sustainable Infrastructure Ltd. is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, storage, efficient natural gas, electric transmission, and water assets in North America, Europe, and South America (atlantica.com).

News

Go to News