Bremen, April 10, 2019: As early predicted, the 2018 financial year proved to be a difficult transitional year for Energiekontor AG and the entire wind industry. The consolidated earnings for 2018 was in line with expectations, taking into account the increased number of Group-owned wind and solar parks. Consolidated earnings before taxes (EBT) amounted to € 9.6 million (previous year: € 16.7 million), consolidated earnings for the year amounted to € 6.7 million (previous year: € 11.9 million). Group sales of € 110.2 million in the year under review were well below the previous year (€ 149.9 million). This is mainly due to the reduced project implementations in the "Project Planning and Sales (Wind, Solar)" segment, which decreased by € 44.0 million to € 53.4 million, while revenues in the "Business Development, Innovation and Other" segment remained constant at € 3.7 million and revenues in the "Power Generation in Group-owned Wind and Solar Parks" segment increased by € 4.3 million to € 53.4 million.read more
Bremen, March 4, 2019 - Metzler Capital Markets today commenced coverage of Energiekontor AG. In his extensive initial study, analyst Guido Hoymann recommends buying the Energiekontor share with a price target of € 22.20 and a price potential of around 45 percent.read more
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