CNMV suspends Galician company EiDF Solar for “withholding privileged information”

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the company specializes in installing solar panels on the roofs of companies and industrial buildings, as well as photovoltaic production facilities

The National Commission for the Securities Market (CNMV) has suspended the listing of the Galician company EiDF Solar due to “denial of privileged information”, according to the above-mentioned body. A company based in the municipality of Barro (Pontevedra), whose shares are traded in the old Alternative Stock Exchange (MAB) He will continue in that situation until he presents annual calculation corresponding to 2022.

Specialized in projects Photovoltaic solar energyEiDF focuses its activity on development photovoltaic production facilities on earth for the sale of energy to the grid and highlights its portfolio in installation of solar panels on the roof or ground for companies, industrial buildings and other businessesas shown on their website.

The regulator assures that it makes a decision while waiting for it to be “The Company has extended relevant information regarding the process of drawing up the accounts and publishing the audited financial information for the year ended 31 December 2022.».

The value of EiDF Solar shares was stopped at €29.76 in which they reached the middle of the session after a bounce of 2.98%.

According to data corresponding to the third quarter of 2022 (the latest appearing in the company’s financial information), turnover reaches EUR 315.54 million, which is an increase of 932.86% in relation to the same period of the previous year and 40.71% in relation to the predictions of the Business Plan for the same period.

He even hoped to exceed his own estimates, at the time he staged a jump to the Continuous market during this first half of the year.

Source: La Vozde Galicia

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Jason

Jason

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people's lives. I also write about current trends in economics, business strategies and investments.

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