Germany's Energiekontor H1 sales rise 31%, but posts net loss

Energiekontor AG

13/08/2026 06:42

Overview
German wind and solar park developer's H1 2026 sales rose 31% yr/yr to €99.9 mln
Company posted €5.3 mln net loss and €4.7 mln pretax loss for H1 2026
High construction activity and increased material costs impacted H1 earnings

Outlook
Energiekontor maintains 2026 EBT forecast of €40-60 mln, dependent on second-half project milestones
Company says sector faces significant uncertainty from regulatory reforms and market conditions in 2026
Grid connection offers in UK, expected by mid-September, are critical for project realization

Result Drivers
HIGH CONSTRUCTION ACTIVITY - Co said H1 results were shaped by a high level of construction activity, driving sales but increasing material costs
PORTFOLIO EXPANSION - Co commissioned four wind parks and expanded its Group-owned portfolio, contributing to higher electricity output

Company press release: ID:nEQXN1Sca

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 99.90 mln
 
H1 Loss Per Share
 
EUR 0.38
 
H1 Net Loss
 
EUR 5.30 mln
 
H1 Pretax Loss
 
EUR 4.70 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the independent power producers peer group is "buy."
Wall Street's median 12-month price target for Energiekontor AG is €68.00, about 97.1% above its August 12 closing price of €34.50
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 12 three months ago

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Aug 11 - Broadwind Q2 revenue rises on strong industrial solutions demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)