ABO Energy strengthens basis for profit growth

With a net profit of 25.6 million euros in the financial year 2024, the ABO Energy group has achieved the second-best result in the company’s history. Only in the previous financial year the result was even higher, with a net profit of 27.3 million euros. In view of a further strengthened pipeline comprising numerous wind, solar, and battery projects at an advanced stage, the Managing Board expects profits to increase significantly in the coming years. For the current financial year 2025, the forecast is in the range of 29 to 39 million euros. From 2027 onwards, the Managing Board expects annual surpluses of around 50 million euros, with a further upward trend.

Given the good result, the Managing Board and Supervisory Board will propose to the Annual General Meeting on 27 May an increase of the dividend to 0.65 euros per share (previous year: 0.60 euros). The parent company’s net profit for the year amounts to 25.9 million euros (previous year: 27 million euros) and is to be allocated for the most part to the revenue reserve, thus contributing to the further financing of growth.
The 2024 Annual Report (in German), like the Annual Reports from previous years, is available on the website: https://www.abo-wind.com/de/unternehmen/geschaeftsberichte.html. The English version of the annual report will be available at this link shortly: www.aboenergy.com/en/company/annual-reports.html. For the first time, ABO Energy is offering a live presentation of the Annual Report. Managing Directors Alexander Reinicke and Dr Karsten Schlageter will provide insights and outlooks and will answer questions. You can register for the digital event taking place on 1 April at 2 p.m. via this link: https://research-hub.de/events/registration/2025-04-01-14-00/AB9-GR

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solarking 27.05.25, 19:26