DGAP-News: ENCAVIS AG: Preliminary, unaudited results of fiscal 2021 and especially the operating cashflow are significantly above the guidance for 2021
DGAP-News: ENCAVIS AG
/ Key word(s): Annual Results/Preliminary Results
Revenue increase of more than 3% to around EUR 330 million (Guidance: EUR > 320 million) Operating EBITDA increase of more than 6% to around EUR 255 million (Guidance: EUR > 240 million) Operating EBIT increase of more than 7% to around EUR 148 million (Guidance: EUR > 138 million) Operating earnings per share (EPS) increase of good 4% to around EUR 0.48 (Guidance: EUR 0.46) Operating cashflow benefitted from significantly higher electricity prices especially in Southern Europe and increased of good 19% to around EUR 250 million (Guidance: EUR > 210 million) Main driver of the significantly higher Key Performance Indicators, compared to the previous year as well as to the guidance, were the continuously increasing electricity prices in the fourth quarter, despite the less than average meteorological conditions in many parts of Europe. Considering the high portion of long-term fixed electricity prices of more than 90% of Group revenue from Renewable Energy production, Encavis benefitted only with a minor part of its energy production from this effect, nevertheless this effect is clearly noticeable. Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with "A" and ISS ESG with their "Prime" label. Additional information can be found on www.encavis.com
15.03.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | ENCAVIS AG |
Große Elbstraße 59 | |
22767 Hamburg | |
Germany | |
Phone: | +49 4037 85 62 -0 |
Fax: | +49 4037 85 62 -129 |
E-mail: | [email protected] |
Internet: | https://www.encavis.com |
ISIN: | DE0006095003 |
WKN: | 609500 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1302851 |
End of News | DGAP News Service |
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1302851 15.03.2022
Encavis AG Aktie
Encavis AG erfreut sich mäßiger Beliebtheit, mit mehr Buy- als Sell-Einschätzungen.
Trotz eines Kursziels von 15 €, das unter 17.01 € liegt, ergibt sich für Encavis AG ein negatives Potenzial von -11.82%.