Energiekontor seen down 15% after it cuts guidance below estimates

Energiekontor AG

10/10/2025 06:50

** Shares in Energiekontor EKTG.DE are seen down around 15% in pre-market trade after the German wind and solar park developer cut its 2025 earnings forecast

** The company now projects its earnings before tax of between 30 and 40 million euros versus 70 to 90 million previously; analysts were on average expecting pre-tax profit of 80.6 million, according to LSEG data

** It cited delays project delays in Germany and changed conditions for several British wind energy projects

(Reporting by Cian Muenster)

((Cian.muenster@thomsonreuters.com))