Disclosure of an inside information according to Article 17 MAR of the Regulation (EU) No 596/2014
 

Hamburg, 30^th July 2024 – The Management Board of the MDAX-listed wind and solar park operator Encavis AG is already publishing a number of still preliminary key performance indicators for the first half of the financial year 2024 (excluding costs of the Elbe/KKRproject):

Decrease in electricity production by around 4.5% compared to previous year to around 1,656 GWh (previous year: 1,734 GWh)

Operating net revenue decrease by around 9% (EUR -20.5 million) compared to previous year
to around EUR 205.7 million (previous year: EUR 226.2 million)

Adjusted operating EBITDA*) decrease by around 17% (EUR -25,6 million) compared to previous year to around EUR 126,1 million (previous year: EUR 151.6 million)

Adjusted operating EBIT*) decrease by around 30% (EUR -28,2 million) compared to previous year
to around EUR 65,3 million (previous year: EUR 93.5 million)

Operating cash flow decrease by around 15% (EUR -17,5 million) compared to previous year
to around EUR 96,0 million (previous year: EUR 113.5 million)

*) Explanations and calculation of the adjusted operating earnings figures can be found in the Annual Report / Consolidated Financial Statements 2023 of Encavis AG beginning on page 17 and at page 37.

The Annual Report / Consolidated Financial Statements 2023 of Encavis AG are available at:
https://www.encavis.com/en/green-capital/investor-relations/financial-reports

  

Contact / Notifying Person:

Jörg Peters       
Head of Corporate Communications & Investor Relations

Tel.: + 49 40 37 85 62 242     
E-Mail: joerg.peters@encavis.com

Additional information can be found on www.encavis.com