sur ABO Wind AG (ETR:DE000576)
ABO Energy Revises 2025 Financial Forecast
ABO Energy GmbH & Co. KGaA has announced an adjustment to its 2025 annual forecast. The company initially predicted a consolidated net loss of approximately €95 million, alongside a consolidated total output of about €250 million. However, current assessments indicate a revised net loss of around €170 million with total output estimated at €230 million.
The revision stems from several postponements and value adjustments, totaling approximately €75 million. These changes are driven by shifting market conditions both in Germany and internationally. Delays have occurred in the sale of rights for wind and battery projects originally scheduled for 2025, along with invoicing and construction acceptance setbacks.
Despite these challenges, the Management Board maintains confidence in its ongoing efficiency and transformation initiatives.
R. H.
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