Drivers of Utility Profitability - A Review of Financial Performance Amongst 30 Leading Utilities Across Europe.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c67788) has announced the addition of Drivers of Utility Profitability to their offering. Introduction As Europe's utilities increasingly expand beyond incumbent markets, a broad comparison of financial performance becomes imperative to understanding where and how certain utilities outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. their peers on basic financial measurements such as profitability. Historic performance, market focus, value chain focus and even sheer size all must be tested as contributing factors to utility profitability. Scope A review of financial performance amongst 30 leading utilities across Europe Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). . An analysis of potential driving factors behind
profitability. An examination of how the financial performance of 30
leading utilities has changed over time. A review of the market focus of
the best and worst performing utilities.
Highlights Counter-intuitively, an accumulation of strong cash flows over time does not explain profitability levels in 2006. There are as many top performing utilities which saw cash flow fall from 2002 to 2006, as those which saw their level of cash flow increase over that period. On average, the top ten most profitable utilities in 2006 derived 62% of their revenue from markets that can be described as traditional or incumbent markets, substantially less than for the most poorly-performing utilities. Gearing levels amongst utilities do not explain why some utilities are more profitable. Endesa ENDESA Empresa Nacional de Electricidad, S.A. (Spanish electric utility) , for instance, has the highest level of debt-to-equity amongst the utilities examined, yet it was the seventh most profitable utility in 2006. Reasons to Purchase Examine the relationship between profitability and different utility characteristics. Understand who Europe's best performing utilities are, and what distinguishes them. Benchmark leading European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. utilities and a range of financial metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. . Report breakdown: - Catalyst - Summary - Analysis - Appendix For more information visit http://www.researchandmarkets.com/reports/c67788. Source: Datamonitor |
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