clearvise AG
ABO
ISIN DE000A1EWXA4 / Valor 12458019
clearvise AG
UMushroom community rating:
About company
Clearvise AG is a company focused on investing in and operating renewable energy projects, primarily in wind and solar power.
Summarized from source with an LLMView SourceSector: Business ServicesLatest Results (07.08.2024):
Revenue Performance
In Q4 2023, clearvise AG reported revenue of EUR 44.8 million, which was at the upper end of their forecast range of EUR 42 to 45 million. This performance is particularly notable given the challenging market conditions, including high inflation and a slump in electricity prices.
EBITDA Achievement
clearvise AG's adjusted consolidated EBITDA for Q4 2023 exceeded expectations, reaching EUR 30.3 million. This figure surpassed the predicted range of EUR 26 to 29 million, indicating strong operational efficiency and cost management.
Equity Ratio Improvement
During Q4 2023, clearvise AG improved its equity ratio to approximately 44 percent. This enhancement places the company in a strong position relative to its industry peers and provides a solid foundation for future growth.
Production Capacity
clearvise AG managed to increase its production capacity by around eight percent year-on-year in Q4 2023. This growth was achieved despite the sale of a Finnish wind farm, which represented at least ten percent of their installed capacity, showcasing effective portfolio optimization.
Outlook for 2024
For the 2024 financial year, clearvise AG expects revenue to be in the range of EUR 35.5 to 37.0 million and adjusted operating EBITDA between EUR 21.8 to 23.1 million. The company also anticipates electricity production to lie within a range of 440 to 460 GWh, positioning itself as a leading independent power producer.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
128 M
Market cap (USD)
24,354
Daily traded volume (Shares)
1.66 / 1.605
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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