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DGAP-News: ENCAVIS AG / Key word(s): Miscellaneous/Regulatory Approval
Encavis AG's low risk and sustainable value-creating business model is based on a technologically stable state-of-the-art infrastructure and results in reliably and continuously rising earnings figures. Develop-ment risks are assumed by the strategic development partners - resulting, among other things, in an investment grade rating with a stable outlook for the Group. All operational wind and solar parks are centrally monitored and controlled. 95 percent of the Group's sales are secured on a long-term basis by fixed feed-in tariffs or by long-term (10 years) and also price-fixed private power purchase agreements (PPAs). Interest rate risks in the financing of the existing parks also do not exist, as all wind and solar parks have fixed interest conditions, congruent with the fixed agreed revenue periods. The continuously increasing revenue and earnings figures are characterised by stable earnings margins of around 75% EBITDA margin and around 45% EBIT margin. The stable cash inflows from the operating wind and solar parks are reflected in the dividend amounts, which have also risen continuously for more than 10 years.
Encavis AG's revenue, consolidated net income and market capitalisation have developed more than rapidly since 2013. Consolidated revenue in 2013 of around 57.0 million euros have increased more than fivefold, rising continuously to 292.3 million euros by 2020. In the current fiscal year 2021, the Executive Board expects more than 320 million euros. Consolidated net income rose from 14.0 million euros in 2013 to 68.1 million euros (2020) and has also increased almost fivefold. Operating cash flow increased almost six-fold, rising from 36.0 million euros (2013) to 212.9 million euros (2020). The market capitalisation of the former Capital Stage AG, now Encavis AG, has increased almost eightfold in the same period from around 272 million euros (March 4, 2014) to currently around 2.1 billion euros.
Additional information can be found on www.encavis.com
20.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
Große Elbstraße 59
+49 4037 85 62 -0
+49 4037 85 62 -129
Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
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