MVV posts 15% proift drop in 2024/25, proposes 4% dividend hike

MVV Energie AG

11/12/2025 09:00

FRANKFURT, Dec 11 (Reuters) - German regional utility MVV Energie MVVGn.DE reported a 15% drop in annual profits on Thurday but proposed a 4% dividend increase for its 2025 fiscal year ended in September.

MVV, based in Mannheim where the city owns a 50.1% stake in the company, said it planned to raise its dividend to 1.30 euros  ($1.51) per share for 2025 from 1.25 euros the previous year.

MVV has long held certified targets to transition to low-carbon heat as well as electricity-, waste- and biomass-based energy products for industry and household customers, ahead of some bigger sector peers.

($1 = 0.8593 euros)

 (Reporting by Vera Eckert, Editing by Madeline Chambers)

 ((vera.eckert@thomsonreuters.com; +49 30 2201 33654))