Central Puerto Stock Price, News & Analysis

Central Puerto has acquired Central Costanera for $48 million, enhancing its role as the largest electricity producer in Argentina with an installed capacity exceeding 7,100 MW. The acquisition adds 2,305 MW to the existing 4,809 MW.

Central Costanera, contributing nearly 6% of the national electricity generation, serves around 3.5 million homes. This strategic move is seen as a significant investment opportunity, aligning with Central Puerto's expansion goals, while emphasizing operational efficiencies and synergies from unified management.

Central Puerto S.A. (NYSE:CEPU), a leading power generation company in Argentina, has announced the release of its Fourth Quarter and twelve-month period results on March 9, 2023. CEO Fernando Bonnet and CFO Enrique Terraneo will discuss the financial results during a conference call scheduled for the same day at 10:00 AM ET. Interested participants can join via phone or through a live audio webcast. The details are provided in the press release, including the participant access code and contact information for further inquiries.

Central Puerto has acquired forestry assets from Grupo Masisa in Argentina for $70 million, marking the largest transaction in the forestry sector in Argentina in the last 30 years. This acquisition includes over 72,000 hectares of land, with approximately 43,000 hectares planted with eucalyptus and pine. Central Puerto aims to diversify its business and strengthen its market presence amid high growth potential in the sector, linked to carbon credits and biomass energy generation.

Central Puerto S.A. (NYSE:CEPU), a leading power generation company in Argentina, will announce its Third Quarter financial results on November 10, 2022. CEO Fernando Bonnet and CFO Enrique Terraneo will host a conference call at 11:00 AM ET. Interested parties can participate by calling 888-506-0062 (toll-free) or 973-528-0011 (international). A live audio webcast will also be available on the Company's website, with a replay option provided post-event.

Central Puerto S.A. (NYSE: CEPU) will announce its Second Quarter financial results on August 5, 2022. A conference call, hosted by CEO Fernando Bonnet and CFO Enrique Terraneo, is scheduled for August 8, 2022, at 11:30 AM ET to discuss the results. Participants can join via a toll-free number or an international line, and the call will also be available as a live audio webcast on the company’s website. Replay options will also be provided.

Central Puerto S.A. (NYSE:CEPU) reported its 1Q2022 results, highlighting a 9% increase in revenues to Ps. 17.2 billion compared to 1Q2021, driven by higher sales from energy generation. Gross profit rose 24% to Ps. 9.6 billion. The company benefited from a 30% increase in remuneration due to Resolution SE No. 238/2022, retroactive to February 2022. Adjusted EBITDA increased to Ps. 15.8 billion. However, energy generation from hydro sources fell 26% due to drought, offsetting gains in thermal and nuclear generation. Consolidated net income surged 382% to Ps. 4.8 billion.

Central Puerto S.A. (NYSE:CEPU) has announced the reporting date for its First Quarter 2022 financial results, set for May 12, 2022. CEO Fernando Bonnet and CFO Enrique Terraneo will conduct a conference call on May 13, 2022, at 11:00 AM ET, to discuss the results. Interested parties can join the call by dialing toll-free at 888-506-0062 or internationally at 973-528-0011, using the access code 323875. The call will also be available via a live audio webcast on Central Puerto's website.

Central Puerto S.A. (NYSE:CEPU), a leading private power generation company in Argentina, has filed its Annual Report on Form 20-F for the fiscal year 2021 with the SEC on April 28, 2022. The report is accessible on Central Puerto's website in the Investor Relations section and can be downloaded from the SEC's website. Shareholders can request a free hard copy of the audited financial statements.

Central Puerto, a leading power generation company in Argentina, reported its 2021 fiscal results, showing revenues of Ps. 57.1 billion, a 1% decrease from 2020. The fourth quarter alone had revenues of Ps. 14.1 billion, slightly up from Ps. 14 billion in the previous year. The company faced a consolidated net loss of Ps. 0.65 billion for 2021, down from a net income of Ps. 10.5 billion in 2020. Notable declines were seen in Spot Sales and higher financial expenses, but operational improvements in thermal and renewable energy generation were highlighted. A conference call is scheduled for March 10, 2022.