Energiekontor AG held its Annual General Meeting on May 27, 2026, in Ritterhude near Bremen, where shareholders approved all agenda items by a large majority. With approximately 60 percent of registered share capital represented, the meeting endorsed the discharge of management and supervisory board members, appointed the auditor for the 2026 financial year, and approved the remuneration report for 2025. Notably, shareholders approved a dividend of 1.00 euro per eligible share, double last year's payout, reflecting the company's strong 2025 performance despite a challenging market environment.
The dividend distribution represents about 35 percent of Energiekontor AG's balance sheet profit, supported by sales and earnings growth in 2025 that reached the upper end of the adjusted earnings forecast. CEO Peter Szabo highlighted the company's robust operational performance and reaffirmed the annual and medium-term targets. For the 2026 financial year, Energiekontor expects Group EBT in a range of 40 to 60 million euros, consistent with its prior guidance.
In the current financial year, operational performance in the project business and proprietary electricity generation portfolio is proceeding according to plan. The company has 22 wind and solar park projects under construction with a combined capacity of around 650 megawatts, including nine projects totaling over 230 megawatts for its own portfolio. Additional financial closings are anticipated throughout the year, supporting the expansion and technological rejuvenation of the company's park portfolio. Energiekontor continues to pursue project sales while advancing its project pipeline in core markets, strengthening both revenue streams as central pillars of its integrated business model.
Energiekontor recently concluded commercially attractive power purchase agreements (PPAs) for 17 German post-EEG wind parks with a generation capacity of more than 100 megawatts for 2026 and 2027. The company is also driving forward the expansion and modernisation of its portfolio through new park construction, repowering projects, and increased use of smart technologies in park operations.
CEO Peter Szabo acknowledged the continued challenging regulatory and economic environment in core markets but emphasized improved visibility for planned projects as regulatory and infrastructure requirements become clearer. The project pipeline was expanded during the 2025 financial year and now exceeds twelve gigawatts, including US project rights for solar energy. The percentage of advanced projects with building permits or financial closings has increased significantly.
Energiekontor reaffirmed its confidence in achieving the objectives of its 2023-2028 growth strategy in the medium term. Further details, including voting results and information in accordance with regulatory standards, are available on the company's website at https://www.energiekontor.de/en/investor-relations/annual-general-meeting.
