Profit falls significantly– Axpo restructures to improve performance and is planning investments of more than CHF 20 billion to ensure security of supply
January 23, 2012
Axpo Group profits are down substantially for the 2010/11 financial year (as per 30.9.2011). Operating profit (EBIT) of CHF 139 million and consolidated net profit of CHF 45 million were significantly below the figures for the previous year of CHF 538 million and CHF 409 million respectively.
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Axpo to forgo uranium from Mayak until the necessary transparency is established
November 12, 2011
Axpo has negotiated with its supplier Areva to enable the exclusion of uranium from the Mayak plant until the necessary transparency is established.
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Axpo is adapting its strategy and Group structures to reduce costs and exploit its earnings potential
September 14, 2011
Axpo is responding to the changed European energy market environment and new regulatory and statutory framework conditions in Switzerland by revising its strategy and adapting its Group structures.
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