EQS-Adhoc: Energiekontor AG: Energiekontor raises earnings forecast for 2024 financial year

Energiekontor raises earnings forecast for 2024 financial year

Bremen, 12 March 2025 – In view of positive one-off effects that have materialised after the reporting date for the 2024 financial year, the Management Board of Energiekontor AG (“Energiekontor”), a leading German project developer and operator of wind and solar parks based in Bremen, is raising the forecast target range for Group earnings before taxes (EBT) for the 2024 financial year.

The earnings forecast last adjusted in December 2024 envisaged consolidated EBT in a range of around 23 to 27 million euros for the 2024 financial year. Various one-off effects that have materialised after the reporting date (31 December 2024) are currently expected to make additional contributions to earnings. Against this background, Energiekontor AG's earnings expectations for the 2024 financial year are likely to be increased to a consolidated EBT in a range of approximately 34 to 37 million euros. Most of the positive one-off effects result from receivables in connection with the compensation for loss of earnings at various wind parks in Germany.

The auditing activities by the appointed auditing company for the 2024 financial year have not yet been finalised.

The breakdown of consolidated EBT is presented on page 43 of Energiekontor AG’s Annual Report for 2023, which is available on the company’s website. Publication of the audited figures for the 2024 financial year is scheduled for 28 March 2025.

Contact

Julia Pschribülla
Head of Investor & Public Relations
Phone: +49 (0)421-3304-126
Email: ir@energiekontor.com

Energiekontor AG
Mary-Somerville-Strasse 5
28359 Bremen
Germany

Phone: +49 (0)421 3304-0
Fax: +49 (0)421 3304-444
Email: info@energiekontor.de
Web: www.energiekontor.de