Strong growth in first quarter results due to 38% increase in wind power production in France

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Go back to Strong growth in first quarter results due to 38% increase in wind power production in France

Bladex (BLX) Misses Q1 EPS by 16c

May 6, 2020 7:17 AM EDT

Bladex (NYSE: BLX) reported Q1 EPS of $0.43, $0.16 worse than the analyst estimate of $0.59.

"The growth in our results reflects the strong increase in wind power production in France and the contribution from four wind farms and two hydroelectric power stations totalling 95 MW commissioned in 2019," said Patrick Lemaire, President and Chief Executive Officer of Boralex. "For the second consecutive quarter, comparable production at our wind farms in France was considerably higher than in the corresponding period last year and anticipated production."

"The first... More