ABO Energy GmbH & Co. KGaA
ISIN: DE0005760029
WKN: 576002
24 November 2024 07:07PM

EQS-Adhoc: ABO Energy KGaA reduces forecast for the 2024 annual result to EUR 20 to 25 million and confirms market expectation for the 2025 financial year

ABO Energy GmbH & Co. KGaA · ISIN: DE0005760029 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2036975

EQS-Ad-hoc: ABO Energy GmbH & Co. KGaA / Key word(s): Change in Forecast
ABO Energy KGaA reduces forecast for the 2024 annual result to EUR 20 to 25 million and confirms market expectation for the 2025 financial year

24-Nov-2024 / 19:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


In preparation for a capital market conference starting tomorrow, Monday, the management of ABO Energy KGaA has updated its regular business planning. As it emerged today, the current planning status for the financial year 2024 indicates a group net profit of between EUR 20 and 25 million. Previously, the company had communicated a range of 25 to 31 million euros. Analysts' expectations were between 28 and 29 million euros.

The main reason for the now lower profit expectations are delays in the construction and sale of turnkey wind and solar parks in Hungary, Germany, Spain and Colombia. This was partly due to longer delivery times on the part of suppliers. The acceleration of approval procedures, particularly in Germany, had a counteracting positive effect.

Due to changes in electricity market prices, initially expected revenues in the Spanish solar market and the Finnish wind market could not yet be realised in the 2024 financial year. The annual result will also be negatively impacted by a probable write-down on the value of shares in ABO Kraft & Wärme AG held by ABO Energy.

Due the positive development of permits and secured tariffs, particularly in Germany and France, ABO Energy's two largest markets, the management expects profits to increase significantly again in the coming years. Based on current planning, a group net profit of between 29 and 39 million euros is expected for the 2025 financial year. Analysts' expectations for 2025 were most recently between 30 and 32 million euros.



End of Inside Information

24-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ABO Energy GmbH & Co. KGaA
Unter den Eichen 7
65195 Wiesbaden
Germany
Phone: +49 (0)611 26 765 0
Fax: +49 (0)611 26 765 5199
E-mail: global@abo-wind.de
Internet: www.abo-wind.de
ISIN: DE0005760029, DE000A3829F5
WKN: 576002, A3829F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 2036975

 
End of Announcement EQS News Service

2036975  24-Nov-2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 150,26 126,27 149,16 127,11 231,66 299,69 320,00
EBITDA1,2 33,09 27,70 34,51 30,52 65,99 59,34 52,50
EBITDA-Margin3 22,02 21,94 23,14 24,01 28,49 19,80 16,41
EBIT1,4 22,89 19,72 22,20 28,59 43,10 42,64 36,00
EBIT-Margin5 15,23 15,62 14,88 22,49 18,61 14,23 11,25
Net Profit (Loss)1 12,76 11,41 13,12 13,80 24,59 27,22 22,60
Net-Margin6 8,49 9,04 8,80 10,86 10,62 9,08 7,06
Cashflow1,7 -28,11 -21,80 42,47 -50,74 -13,85 -62,99 0,00
Earnings per share8 1,67 1,34 1,42 1,50 2,67 2,96 3,04
Dividend per share8 0,42 0,42 0,45 0,49 0,54 0,60 0,45
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Rödl & Partner

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
ABO Energy
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
576002 DE0005760029 GmbH & Co. KGaA 322,73 Mio € 24.09.2012 Kaufen 9F2C36W7+8X
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
10,00 17,00 0,59 17,49 1,72 -5,12 1,08
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,54 0,60 0,45 1,29%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
27.05.2025 30.08.2024 31.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-4,37%
35,00 €
ATH 96,00 €
-14,69% -28,29% -14,84% -17,06% +270,37%

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