Disclosure of an inside information according to Article 17 MAR of the Regulation (EU) No 596/2014

ENCAVIS AG: All KPIs of the preliminary and unaudited results for the full-year 2022 are significantly above guidance of FY 2022 

Hamburg, 14 February 2023 – The Management Board of MDAX-listed wind and solar park operator Encavis AG (ISIN: DE0006095003, Prime Standard, Ticker symbol: ECV) publishes in advance to the disclosure of the Consolidated Financial Statements 2022, scheduled for Tuesday, 28 March 2023, preliminary, unaudited Key Performance Indicators of fiscal 2022 in comparison to the disclosed guidance 2022 as well as to previous year’s 2021 figures:

Revenue increase to around EUR 480 million surpasses guidance of EUR > 420 million by more than 14%
Revenue increase of more than 44% compared to previous year of EUR 332.7 million

Increase of adjusted operating EBITDA*⁾ to around EUR 340 million surpasses guidance of
EUR > 310 million by more than 9% and by around 33% compared to previous year of EUR 256.4 million

Increase of adjusted EBIT*⁾ to around EUR 195 million surpasses guidance of EUR > 185 million
by more than 5% and by more than 30% compared to previous year of EUR 149.1 million

Increase of adjusted Earnings Per Share*⁾ (EPS) to more than EUR 0.58 surpasses guidance of EUR 0.55 by more than 5% and by more than 20% compared to previous year of EUR 0.48

Operating cashflow increase to around EUR 320 million surpasses guidance of EUR > 280 million
by more than 14% and by around 27% compared to previous year of EUR 251.9 million
 

*) Explanations and calculation of the adjusted operating earnings figures can be found in the Annual Report / Consolidated Financial Statements 2021 of Encavis AG beginning on page 14 and at page 37.

The Annual Report / Consolidated Financial Statements 2021 of Encavis AG are available at:
https://www.encavis.com/fileadmin/user_upload/Encavis_Geschaeftsbericht_2021_EN_geschuetzt.pdf 

About ENCAVIS:
Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates (onshore) wind farms and solar parks in twelve European countries. The plants for sustainable energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). The Encavis Group's total generation capacity currently adds up to around 3.5 gigawatts (GW), which corresponds to a total saving of more than 1.4 million tonnes of CO₂ per year. Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors.

Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with their "A" level and ISS ESG with their "Prime" label.

Additional information can be found on www.encavis.com

Contact / Notifying Person:
Encavis AG
Jörg Peters       
Head of Corporate Communications & IR
Tel.: + 49 40 37 85 62 242     
E-Mail: joerg.peters@encavis.com

1559891  14-Feb-2023 CET/CEST