In this insightful video presentation, Christoph Husmann, the CFO of Encavis AG, delves into the company’s Q1 2023 financial results. The discussion begins with an overview of the benefits of the 2023 acquisitions, which have significantly contributed to increased sales and earnings. The video highlights the detailed analysis of the company’s Key Performance Indicators (KPIs) in Q1 2023, demonstrating that their performance exceeded analyst consensus.
Subsequently, Christoph illustrates the high margins achieved in major business segments, including solar parks, wind farms, PV services, asset management, and HQ/consolidation. He explains the role of the newly acquired wind and solar parks and Stern Energy in enhancing production volume and revenue growth.
Despite the marginally lower electricity prices and decreased production due to meteorological conditions, Encavis AG has recorded a slight increase in Q1 2023 compared to the previous year. Christoph provides a detailed breakdown of the revenue earned from different portfolios, attributing most of the growth to the solar park portfolio.
Lastly, he confirms the guidance for the full year 2023 and the accelerated growth strategy until 2027, projecting a slight decline in revenue but an increase in operating EBITDA and EBIT. He concludes with an optimistic view towards achieving the set goals for the current fiscal year.
May 15, 2023
14:14 
seat11a – Publicly Listed Companies: Elevator Pitch, Deep-Dive, Financial Results, and ESG
Reviews for Encavis AG Financial Results Q1 2023 | An In-depth Review with CFO