Successful financial year 2023: aventron increases its profit to CHF 21.1 million. The Annual General Meeting approved the capital increase of up to CHF 60 million (equity). The Board of Directors was newly elected and has undergone personnel changes.
At the 18th Annual General Meeting on 25 April 2024, the shareholders approved a further capital increase. The existing share capital of CHF 54,204,526.00 will be increased by a maximum of 4,800,000 new registered shares with a par value of one franc. The registered shares will be issued at an issue price of CHF 12.50 per share. This will increase equity by a maximum of CHF 60 million. The issue prospectus can be requested from the company.
Annual result and dividend
In 2023, the aventron Group generated a positive result after taxes and minority interests of CHF 21.1 million (previous year: CHF 20.8 million). This corresponds to earnings per share of CHF 0.39. The operating result (EBIT) totalled CHF 43.2 million (CHF 62.9 million). In relation to net sales, the EBIT margin is 31.0 per cent. Net sales totalled CHF 139.3 million (CHF 157.6 million). At the end of 2023, the portfolio comprised 777.6 (736) megawatts of consolidated total output across power plants in operation or under construction. This generated almost 1.4 million kilowatt hours of renewable electricity.
The shareholders present, who represented a total of 94.86 per cent of the voting rights, approved the annual report and the 2023 financial statements. The Annual General Meeting followed the proposal of the Board of Directors and decided to distribute a dividend of CHF 0.32 per share (previous year: CHF 0.30). The revised Articles of Association were also approved in accordance with the new company law.
New Board of Directors elected
Dominik Baier (Chairman of the Board of Directors), Tobias Haefeli and Dominik Zimmermann were newly elected to the Board of Directors. The existing Board members Michael Stalder, Beat Huber, Nicolas Wyss and Thomas Bitzi were re-elected for a further term of office until 2023. The retiring members of the Board of Directors Dr Conrad Ammann, Priscilla Leimgruber and Martin Schaub were bid farewell with a big round of applause.
Outlook
The diversification characteristics across the six countries, as well as across the three technologies of wind, water and solar, will have a positive impact on future results. In view of the existing, solid project pipeline, the company expects to achieve its target of a renewable energy portfolio of 1,000 megawatts by the end of 2030. With the new capital, aventron will continue to grow with wind, solar and hydropower in Switzerland and selected European countries, as it has done in the past.
Further information: medien@aventron.com