Fernheizwerk Neukoelln AG

FHW

Equity

ISIN DE0005767909 / Valor 332203

Deutsche Boerse AG (2024-12-23)

EUR 24.20+0.83%

Fernheizwerk Neukoelln AG
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About company

Fernheizwerk Neukoelln AG is a district heating company based in Neukoelln, Germany. They provide heating services to residential and commercial customers in the area through a centralized heating system.

Summarized from source with an LLMView SourceSector: Energy

Revenue Growth

Fernheizwerk Neukoelln AG reported a significant increase in revenue for Q1 2023, reaching €78.609 million compared to €59.722 million in the same quarter of the previous year. This marks a notable growth driven by higher demand and improved operational efficiencies.

Operating Income

In Q1 2023, Fernheizwerk Neukoelln AG achieved an operating income (EBIT) of €8.409 million, a substantial improvement from the previous year's loss of €365,000. This positive turnaround highlights the company's effective cost management and strategic initiatives.

Net Profit

Fernheizwerk Neukoelln AG recorded a net profit of €5.387 million for Q1 2023, a significant recovery from the net loss of €321,000 in Q1 2022. This increase in profitability underscores the company's successful efforts in enhancing its financial performance.

Investment Activities

During Q1 2023, Fernheizwerk Neukoelln AG invested €14.368 million in various projects, up from €12.141 million in the same period last year. These investments are aimed at expanding the company's infrastructure and improving service delivery.

Dividend Proposal

Fernheizwerk Neukoelln AG has proposed a dividend of €1.20 per share for Q1 2023, reflecting its strong financial health and commitment to returning value to shareholders. This proposal is subject to approval at the upcoming annual general meeting.

Summarized from source with an LLMView Source

Key figures

-46.2%1Y

-46.2%3Y

-46.2%5Y

Performance

51.8%1Y

49.9%3Y

46.1%5Y

Volatility