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    Wanda Serwinowska

    Research Analyst at UBS

    Wanda Serwinowska is an equity analyst at UBS specializing in the European utilities sector, with a primary focus on major companies such as E.ON and Veolia Environnement. She has been recognized for her market insights, including recent calls like downgrading E.ON after a significant price gain and maintaining a Buy rating on Veolia Environnement with a target that represented notable upside. Her career at UBS has involved detailed coverage of key players in the utilities landscape, and she is known for generating high-conviction, data-driven recommendations, as reflected in her recent forecasts on TipRanks. Serwinowska holds professional certifications relevant to her analyst role and demonstrates consistent performance in equity research within her sector.

    Wanda Serwinowska's questions to OEZVY leadership

    Wanda Serwinowska's questions to OEZVY leadership • Q1 2024

    Question

    Questioned the conservative 2024 guidance update, inquired about PPA activity with data centers, and asked for the latest hedging figures and the retail business outlook baked into the guidance.

    Answer

    The company remains cautious with its guidance due to market volatility, particularly in gas prices and the APG segment's IFRS results. They have received inquiries from data centers but have not signed any PPAs yet. The guidance for the sales segment remains a ~€100M loss, though with upside potential. Updated hedging figures were provided.

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