Edisun Power Holding 2021 annual result: Record results, electricity production and pipeline significantly expanded Freitag, 25. März 2022 - 06:58
- Revenue up 38.8% to CHF 17.16 million (+37.3% in local currency)
- EBITDA up 49.9% to CHF 13.04 million
- Net profit up 36.9% to CHF 4.51 million
- Electricity production up 152.8% to 120'254 MWh
- PV pipeline significantly expanded by 783.6 MW to 940.6 MW
- Stable dividend of CHF 1.10/share proposed
- Proposal of the Board of Directors for an ordinary capital increase of up to CHF 150 million
- Extension of the business model and increase of the future dividend
2021 was a record year for Edisun Power in various respects: new peaks were achieved across the board financially, in production terms the connection of the large-scale Mogadouro plant in Portugal (49.0 MW) took solar power production to new levels, the second Portuguese large-scale plant, Betty (23.4 MW), is under construction and strong growth is also expected in the future with the acquisition of further PV projects totaling 783.6 MW. The Board of Directors recommends to the General Meeting payment of an unaltered dividend of CHF 1.10 per share. The main focus for Edisun Power is the further development and construction of the pipeline and its financing. To this end the Board of Directors proposes a substantial share capital increase of up to CHF 150 million.....
