Gelsenwasser AG

WWG

Equity

ISIN DE0007760001 / Valor 333400

Deutsche Boerse AG (2024-12-23)

EUR 496.00%

Gelsenwasser AG
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About company

Gelsenwasser AG is a utility company based in Gelsenkirchen, Germany, primarily engaged in the provision of water, electricity, and gas services. The company emphasizes the importance of sustainable and transparent operations in the water industry, reflecting a commitment to environmental protection and high workplace safety standards. Gelsenwasser AG positions itself as a customer-centric organization, offering reliable, high-quality utility services at fair prices. It also values strong partnerships with municipalities, developing tailored solutions through collaborative efforts. The company is part of a larger network, working with over 80 partner companies to tackle complex and innovative projects, leveraging a vast pool of knowledge and services. Gelsenwasser AG's approach to business is underpinned by a focus on innovation, employee expertise, and a dedication to contributing positively to societal development within the region it serves.

Summarized from source with an LLMView SourceSector: Energy

Revenue Growth

Gelsenwasser AG reported a significant increase in revenue for the first quarter of 2023. The company's consolidated revenue reached €4,049.7 million, compared to €13,366.5 million in the same period of 2022. This growth highlights the company's strong market position and effective business strategies.

Material Costs

In the first quarter of 2023, Gelsenwasser AG's material costs were €3,748.6 million, a decrease from €13,065.1 million in the first quarter of 2022. This reduction in material costs contributed to the overall improvement in the company's financial performance.

EBIT Improvement

Gelsenwasser AG's Earnings Before Interest and Taxes (EBIT) for the first quarter of 2023 stood at €151.0 million, up from €110.9 million in the same period of the previous year. This increase in EBIT reflects the company's enhanced operational efficiency and profitability.

Investment Surge

During the first quarter of 2023, Gelsenwasser AG significantly increased its investments, totaling €217.3 million compared to €121.3 million in the first quarter of 2022. This surge in investments underscores the company's commitment to growth and infrastructure development.

Water Supply Revenue

Gelsenwasser AG's water supply segment reported a revenue of €254.4 million for the first quarter of 2023, up from €238.7 million in the same period of 2022. This growth in water supply revenue indicates a steady demand for the company's water services.

Summarized from source with an LLMView Source

Key figures

-34.7%1Y

-64.8%3Y

-54.1%5Y

Performance

41.4%1Y

65.1%3Y

59.1%5Y

Volatility