sur ABO Wind AG (ETR:DE000576)
ABO Energy's First Half-Year 2025: Stability and Strategic Adjustments
ABO Energy's first half of 2025 demonstrated business progress in line with expectations, achieving an after-tax profit of 9.6 million euros. While slightly below last year's figure of 11.4 million euros, management maintains its annual forecast between 29-39 million euros. The company is optimizing its strategy amidst falling electricity prices and rising renewable energy demand.
A cost reduction program is underway to sustain profitability, halting the growth in employee numbers. ABO Energy will focus on internal workforce redeployment and larger sales of project rights ahead of construction phases, enhancing operational efficiency.
The company reoriented its strategy, withdrawing from Greece and planning to sell a significant Finnish portfolio. Despite shedding certain assets, ABO Energy's project pipeline remains robust at 34 gigawatts.
R. P.
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