Corporate News


Encavis AG publishes consensus of analysts' estimates on the disclosure of the results for the 3^rd quarter/first 9 months of 2023e as well as on the expectations for the current financial year 2023e

Hamburg, 8 November 2023 – The MDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) presents the current consensus of analysts' estimates on the Group's six key steering criteria, the so-called Key Performance Indicators (KPIs), in advance of the publication of the Interim Statement for Q3/9M 2023.

Currently, 12 of the 14 analysts from the banks that also provide Encavis with research estimates for the individual quarters have participated in the consensus. The consensus reflects the published estimates for the consolidated results of Q3/9M 2023e as well as the expectations for the current financial year 2023e. The average value, upper extrema and lower extrema are shown. Revenue figures for the quarters and the guidance for the full year 2023, as well as the analysts' estimates, have already been adjusted for the expected levies on account of electricity price caps in certain countries.
 

The Consensus is also available for a download on the Company's website:

About ENCAVIS:
The Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates (onshore) wind farms and solar parks in twelve European countries. The plants for sustainable energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). The Encavis Group's total generation capacity currently adds up to more than 3.5 gigawatts (GW), of which more than 2.1 GW belongs to the Encavis AG, which corresponds to a total saving of around 0.8 million tonnes of CO₂ per year stand-alone for the Encavis AG.

Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors. Another Group member company is Stern Energy S.p.A., based in Parma, Italy, a specialised provider of technical services for the installation, operation, maintenance, revamping and repowering of photovoltaic systems across Europe.

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 their “A” level and ISS ESG with their “Prime” label.

Additional information can be found on  

Contact:
ENCAVIS AG         
Jörg Peters          
Head of Corporate Communications & Investor Relations    
Tel.: 2 242      
E-Mail: