Operating result 2015/16

Information about the operating result 2015/16

On the occasion of today's Axpo annual press conference we will keep you posted during the day on this site with information about the operating result 2015/16 and the adapted strategy of the Axpo Group.  

Further information

Please contact the team media relations if you have any questions.

Media relations

Galery Axpo annual press conference 2015/16

Here you can find the pictures from today's event.

Summary

In a difficult market environment, Axpo posted an encouraging operating result before depreciation and exceptionals of CHF 637 million (normalised EBITDA, previous year: CHF 834 million) for the 2015/16 financial year that ended on 30 September 2016.

Operating results 2015/16

Axpo increases the value added by the customer business and renewables.

Axpo annual report 2015/16

Axpo financial report 2015/16

Axpo GRI report 2015/16

The new Axpo

Axpo is taking another step towards opening up new areas of business and becoming less dependent on the power price. Under the working name “Axpo Solutions”, the company is to combine its expertise in two growth areas – renewable energies and its international customer business – with grid and asset marketing in a single new unit. The capital underpinning this growth strategy will come not just from Axpo itself but, from 2019, also from new investors, who will take an as-yet unspecified minority stake in the new company Axpo Solutions. Together with its new funders, therefore, Axpo intends to fully exploit the opportunities presented by renewable energies and its international customer business. 

Interview with Andrew Walo

Interview (PDF)

«The energy market is increasingly split in two different fields.

The conventional production, that is exposed to the wholesale price, and another part, that does not directly depend on the price of electricity.»

«We want to bundle the growth areas of renewable, sponsored energy.

And we want to form the international customer business with asset marketing, hydro power and grid into a new unit “Axpo Solutions” and open it for new investors in 2019.»

«The consistent division in a conventional and a new energy world provides new opportunities for Axpo.

For example the management of the business case becomes more simple and clear.»

Andrew Walo, CEO

«With its new strategy to combat the market distortions in Europe, Axpo took early steps to set the company on a secure future course. Not only is much effort invested in opening up new areas of business, but the company is also adapting its classic electricity production to the new realities of the market.» 

100 years sustainability

Sustainability

Sustainability has a long tradition at Axpo. Its over 100-year history demonstrates that Axpo takes its obligation to meet the criteria of efficiency, ecology, and social responsibility seriously and lives this commitment every day.

Engagement

Learn more about our engagement for a save and sustainable future.