Energiekontor up after raising its FY EBT forecast

Energiekontor AG

18/12/2023 07:33

** Shares in Energiekontor  EKTG.DE  are up 5.5% in early
Frankfurt trade after the company raised its FY23 earnings
forecast on its strong project business
    ** "As a result of the successful sale of a wind park
project in Scotland in particular", the company expects now a
FY23 EBT of 80-100 million euros 
    ** This equates to a rise in Group EBT of around 30 to 60%
compared to the previous year, the co said
    ** "Solid execution should help shares higher", local trader
says
    ** The stock is on top of the SDAX index in early Frankfurt
trade


 (Reporting by Mateusz Dobrzyniewski)
 ((Mateusz.dobrzyniewski@thomsonreuters.com))