EDP: No Major Value Angle, Slow Deleveraging With Current Dividend

Group 1 - EDP, S.A. is performing reasonably well on an underlying basis but is facing challenges with headline profits due to tough asset rotation comparisons and increased depreciation and amortization from aggressive investments [2] - The Valkyrie Trading Society is a team of analysts focused on high conviction and obscure developed market ideas, aiming for downside-limited investments that can generate non-correlated and outsized returns in the current economic environment [2] - The Value Lab, led by the Valkyrie Trading Society, offers members a portfolio with real-time updates, 24/7 chat support, regular global market news reports, feedback on stock ideas, new trades monthly, quarterly earnings write-ups, and daily macro opinions [2]